The Japanese Yen (JPY) experienced a volatile trading day against the US dollar (USD). Initially, the yen surged to a near two-month high, fueled by its safe-haven appeal amidst growing global economic uncertainties. However, this strength proved...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price is trading this week in a downward trend that is now being corrected by an upward wave. During this week, the price started trading...
NZD/USD Price Forecast US Treasury Secretary Scott Bessent said late Wednesday, the “focus is on bringing down 10-year Treasury yields, rather than the Fed’s benchmark short-term interest rate. NZD/USD tests the nine-day EMA at 0.5654, followed by...
EUR/JPY Analysis: What Lies Ahead After Consolidation? Current Price Action The EUR/JPY currency pair is currently trading around 160.26, and it finds itself in a consolidation phase. Previously, the price tested the support level at 158.15, which...
The GBP/AUD pair is currently at a decisive turning point, with its 1.9830 support level playing a crucial role in defining the pair’s next major price movement. If this level holds, the market could witness an 83 to 123 pip rally, pushing prices...
