USDCHF broke above 0.8958 resistance, suggesting that the uptrend from 0.8569 had resumed. Further rise is still possible in a couple of days, and...
USDCHF broke above 0.8958 resistance
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FOREX-Yen cuts earlier gains as it slides vs Aussie
The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency ahead of an expected rate hike in Australia this week. The yen advanced broadly in early Asian trade, touching its highest levels in several weeks,...
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EUR/JPY technicals
Modest uptrend still in play here on the hourly charts but the excessive volatility from last Friday between 136.30 and 139.20 may be signalling th the quiet times are over and we are in for more high volatility. Risk/reward would seem to favour buying dips with a stop below...
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GBPUSD stays in a rising price channel
GBPUSD stays in a rising price channel and remains in uptrend from 1.5296. The price action from 1.6017 is more likely consolidation of uptrend....