CHFJPY Technical Analysis The CHF/JPY pair has been declining in recent trading sessions and has fallen below the middle level of the Bollinger Bands at 169.66. This level is the 38.2% Fibonacci retracement of the December-February 2024 low. The...
As investors become more cautious ahead of Tuesday's publication of the United Kingdom's (UK) three-month December employment statistics, the GBP remains stable versus its major peers at the beginning of the week. Investors will closely monitor UK...
I believe the current price action of USDCAD is quite intriguing, and I will analyze it step by step. I observe that the price is currently moving upward after bouncing off the volume level of 1.4165, which acted as a strong support level. I think...
USDCHF USDCHF outlook: The USD/CHF currency pair has been influenced by the broader strength of the U.S. Dollar, driven primarily by the ongoing resilience in the U.S. economy. Economic data from the U.S. has continued to show solid growth,...
I observed that the NZDUSD pair was initially trading near the resistance level of 0.56732, but it began to roll back from this point. I noticed that the pair dropped to the level of 0.55471, where I identified significant buying volume. Based on...
