USD/CHF may target the primary support at the descending channel around 0.8110 Bearish bias strengthens as the 14-day Relative Strength Index remains below the 50…
EUR/JPY depreciates as the Japanese Yen trims its daily losses. Japanese Finance Minister Kato said that he will appropriately conduct fiscal policy to attract domestic…
EUR/USD pulled back from a two-month high of 1.1495, reached on Thursday. US Weekly Initial Jobless Claims climbed to 247,000, above the expected 235,000. The…
The Euro extends its rebound from 161.00 to levels above 163.00. The Yen is losing ground alongside a sharp decline in super long-term Japanese yields.…
The Australian Dollar holds its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537. The AUD faces few challenges…
USD/CAD finds Initial resistance at the nine-day EMA around 1.3890. The 14-day RSI is positioned above the 30 level, suggesting a continuation of short-term corrective…
GBP/USD pulls back from a six-month high of 1.3292 reached on Wednesday. The US Dollar received support from stronger-than-expected consumer spending in March. The Pound…