USD/JPY and NIKKEI React to Bank of Japan Decision

The recent 4-week rally of EUR/CHF from 19 June has started to show signs of exhaustion. The ongoing weakness of the France CAC 40 has triggered a negative feedback loop towards EUR/CHF. Watch the 0.9780 key short-term resistance on the EUR/CHF. The EUR/CHF cross pair has managed to recover its initial losses inflicted from 10 […]

EURUSD breaks SMAs to the downside Immediate support at rising trend line MACD and RSI suggest more negative movements EURUSD is showing some strong selling interest over the last couple of days, following the pullback from the 1.0940 resistance level. The price is also falling beneath the 50- and the 200-day simple moving averages (SMAs) […]

DXY: The DXY (US Dollar Currency Index) chart is currently experiencing a bearish overall momentum, indicating weakness in the US Dollar. According to your analysis, there is potential for a bearish continuation towards the 1st support level. The 1st support at 102.66 is considered a significant level of support due to its categorization as a […]