USD/CHF Analysis Overview Upon examining the D1 period chart for the USD/CHF currency pair, it is apparent that the price has been moving within a relatively narrow sideways range for the past month. This range spans approximately 100 points, which...
GBP/USD Status and Market Analysis The GBP/USD pair experienced some decline during the North American session, hitting a three-week low of 1.3067, but later managed a slight recovery. As traders awaited the Federal Reserve's upcoming monetary...
USD/JPY Technical Analysis The strength of the yen has increased due to interventions by the Bank of Japan and the overall weakening of the U.S. dollar. On the daily chart, a downward price movement is evident. According to the Elliott Wave Theory,...
De-dollarization, BRIC countries destroying the USD and many other theories… All or some of these may be true, but it absolutely does not mean that they have to result in any specific market movements NOW or in the near future. On the contrary,...
Good Night and Welcome to Today’s Live Trading Discussion The USD index closed with a bullish trend yesterday, climbing from the 101.77 level to the 102.65 level. However, the USD index appears unstable at the moment as it struggles to maintain...