The USD/JPY exchange rate, currently at 157.45, is experiencing a bearish trend, indicating a gradual decline in the value of the US dollar against the Japanese yen. This trend suggests that traders and investors might be anticipating further...
USD/CHF CURRENCY PAIR ANALYSIS: In the past two weeks, we have observed that the USD/CHF currency pair has been moving in a bearish trend. Starting from the market opening on Monday, there was an attempt by buyers to push the price upward, reaching...
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This...
The price dynamics of USD/CHF are analyzed using various technical indicators. The Relative Strength Index (RSI) does not show overbought or oversold conditions, indicating potential for upward momentum if the index stays above 50. Noticeable zigzag...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...