Currency Trading Analysis
EURUSD began consolidating from 1.017: rose 0.85%
EURUSD began consolidating from 1.017 and rose 0.85%, trading at about $1.025. A close below the immediate support at $1.0233 could trigger the downtrend,...
GBPJPY consolidates at 192.2: Up By 1.2%
GBPJPY consolidates at 192.2, having gained 1.2% since January 13. If the immediate support at 191.8 holds, the uptick in momentum could extend to...
USDMXN Breaks Above 20.53: Key Levels and Analysis
USDMXN breaks above 20.53 resistance in continuation of its bullish trend. However, the Stochastic Oscillator signals overbought. If bulls...
EURJPY Bounced From 162.4: A Bullish Signal
EURJPY bounced from 162.4 support, resuming its bullish trajectory. A close above 163.0 could escalate the uptrend, targeting 163.8....
GBPJPY Downtrend Extends to 194.2 Amid Oversold Signals
The GBPJPY downtrend extends to 194.2 amid oversold signals. The Stochastic oscillator is below 20, meaning the Japanese Yen...
Bearish GBPUSD is oversold at 1.231
Bearish GBPUSD is oversold at 1.231 and approaching a resistance zone. The market expects a consolidation phase toward the...
EURUSD Stayed Below 1.045: Market Forecast
EURUSD stayed below 1.045, trading in a strong bear market below the 50-period SMA. A Dip below the immediate...
USDCHF Rises As Swiss Inflation Drops
USD/CHF began its uptrend from 0.9-, trading at approximately 0.911 as of this writing. In Switzerland, inflation rates dropped...