Technical analysis of USDJPY Today we will do a technical analysis by looking at the chart of USD/JPY. The market is currently between its support level of 153.92 and resistance level of 155.14. Currently, the market is close to its support level,...
Vital Components for USDCAD: We can see that the Canadian Overnight Rate and other news events have not provided any significant benefit to the Canadian Dollar. Instead, USD-related news has strengthened it considerably. The market is currently...
Market Fundamentals: The impact of Donald Trump’s victory in the U.S. presidential election is being felt across European economic leadership. Speaking at the European Union (EU) Summit, former European Central Bank (ECB) President Mario Draghi...
January 30, 2025 Technical analysis of USD/CHF The US Dollar is attempting to snap a two-week losing streak with the USD/CHF erasing the Monday sell-off. A defense of multi-month support now shifts the focus to a breakout of the January...
Main Points about USDCHF: Currently, the USDCHF market is trading at the 0.9066 level, and it could move further upwards. This upward momentum is supported by the broader strength of the U.S. Dollar, which continues to show resilience against...