T E C H N I C A L _ A N A L Y S I S U S D / J P Y Dear Sir or Madam, I would like to update my technical analysis of USD/JPY. I will consider the outlook for price action in the USD/JPY market. USD/JPY is currently moving at 155.98. According to...
The USD/CHF currency pair experienced a slight uptick during the North American session on Wednesday, trading around 0.9060. The Swiss franc saw a modest recovery against the US dollar after Swiss National Bank President Martin Schlegel hinted at...
The NZD/USD pair displays a favorable setup for potential bullish movement, with a projected rise of 28-41 pips if the support at 0.5693 holds firmly. This pivot point is not just a technical level but a psychological anchor for traders, reflecting...
GBP/JPY On Thursday, the British pound depreciated sharply on the launch of disappointing financial data. Although the UK GDP grew in November, it grew by means of 0.1% month-on-month, decrease than the market's expectation of 0.2%. Industrial...
The breakout of CADJPY from the wedge pattern on the 1-hour timeframe marks a crucial juncture in the pair’s trajectory, signaling a potential shift toward sustained bearish momentum. This breakout represents more than a mere technical event; it...