THE CURRENCY PAIR USD-CAD Well, if you like it so much, let it be "head and shoulders," as they say—call it a pot, just don't put it in the oven. That's why I completely abandoned all kinds of figures; it's all too subjective, and the participants'...
Yen Strengthens on Bank of Japan's Statement The yen was the best performing major currency in trading on Thursday (20/2/2025) thanks to growing expectations of a Japanese interest rate hike. The USD/JPY currency pair posted a daily decline of...
USD/CHF Technical Analysis: USD/CHF is trading around 0.9170, showing some strength after bouncing off support near 0.9140. The pair is still in a mild uptrend, with the 50-day SMA acting as support and the 200-day SMA around 0.9100 providing a...
I observe that the US dollar continues to weaken broadly across markets, and the USD/CHF pair is no exception. I note that the Swiss franc is gaining strength, pushing the pair lower as sellers dominate the momentum. I had initially anticipated a...
EURJPY Technical Analysis 21 February 2025 Technically, I see that the EURJPY pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the EURJPY 1 Hour Time Frame chart image below before we...
