Currencies

USD/CHF is downward biased but subject to a mean reversion move towards 0.9300. Solid resistance lies at 0.9235/40, with the confluence of technical indicators rejecting the USD/CHF rally. USD/CHF Price Analysis:…

EUR/USD faces a corrective decline and drops to 1.0860. The short-term bullish bias remains unchanged above 1.0690. EUR/USD retreats for the second session in a row and revisits the 1.0860 region on Friday. While…

Mexican Peso among top performers on Friday. UUSD/MXN slide found support above 18.70 as DXY strengthens after the beginning of the American session. US data mostly in line with expectations on Friday. The…

USD/JPY remained pressured as the 50-DMA crossed beneath the 200-DMA. Bears stepped in and reclaimed 130.00, as they eye 129.00. USD/JPY fell as the North American session progressed and tumbled below the 130.00…

With the understanding that the largest trading volume in the world is GOLD . So the fluctuations that arise tend to be from the effects of the GOLD fundamentals themselves and the DOLLAR fundamentals in general. Very…

The index comes under pressure and revisits the 101.60 area. A deeper decline should target the May 2022 low near 101.30. DXY kicks in the week in an offered stance and rebounds from earlier lows in the 101.60/55…

EUR/USD comes under pressure but remains bolstered by 1.0800. Next on the upside emerges the key barrier at 1.0900 the figure. EUR/USD fades the initial test of the 1.0860 region and returns to the negative…

EUR/JPY bounced off the day’s lows at 139.03 and hit a daily high of 141.19 before losing steam. The EUR/JPY reclaiming and achieving a daily close above the 200-day EMA keeps bulls hopeful of higher prices. The…