AUDUSD MARKET ANALYSIS Friday (June 28), AUD/USD closed 0.4% higher at 0.6667 on Friday. As the US PCE price index in May was flat compared with the previous month, combined with the earlier soft CPI and PPI data, it showed that inflation has a...
CURRENCY PAIR USD-CHF Today USD/CHF trading opened at 0.8997. After the market opened, USD/CHF gained further and the candle moved towards the 0.8996 area. Although up, the candle still failed to penetrate its nearest resistance at 0.9007. Unless...
USD/JPY approaches highest level since 1986! Traders still worry about official "intervention" On Monday (July 1) in the Asian session, the USD/JPY pair hit a high, once breaking through the 161 integer mark to 161.18, and after closing at...
GBP/JPY ANALYSIS UPDATE According to probability theory, continuation of movement is 66 percent and reversal is 33 percent. So, betting on a sale is a 33% probability bet at current prices. But if you wait until the pair is pulled below the middle...
I keep it in mind as well. But before entering the purchases, I would like to look at the speculators' reaction in the area of 1.2605 - 1.2615. This window will be a guide for entry. However if you look at how this month has worked, the pressure of...