SELECT LANGUAGE BELOW

AUD/JPY Price Outlook: Drops below 112.00 amid intervention concerns, negative trend below 100-day SMA

Australian Dollar struggles amid cautious sentiment and disappointing labor market figures

On Wednesday, early trading in Europe saw the AUD/JPY pair drop to approximately 111.70. The Japanese yen has gained ground against the Australian dollar, as traders stay cautious regarding potential currency interventions by Japanese officials. Minoru Kihara, Japan’s Chief Cabinet Secretary, stated on Tuesday that the government would respond appropriately to fluctuations in the currency […]

EUR/USD Price Outlook: Drops under 1.1450 due to oversold RSI momentum

Euro declines to around 1.1900 as traders anticipate US data

The EUR/USD is currently trading lower, hovering around 1.1425 early Friday in European markets. This drop can be attributed, in part, to the uncertainty surrounding the U.S.-Iran peace negotiations, which have bolstered the U.S. dollar as a safe-haven currency. Consequently, major currency pairs are facing some challenges. According to Reuters, the Swiss Foreign Ministry has […]

USD/CHF Price Outlook: Upward trend slows after facing resistance at 0.8000

USD/CHF drops close to 0.7800 as the US Dollar weakens amid a risk-on sentiment

The USD/CHF exchange rate continued to widen on Tuesday for the second consecutive day, as reduced tensions between the US and Iran diminished demand for the safe-haven US dollar (USD). As of the latest update, the pair was trading at approximately 0.7921, reflecting a decline of 0.30% for the day. Even with a more optimistic […]

USD/JPY Price Outlook: Requires a rise above 160.70 for new rally phase

Japanese Yen declines as US Manufacturing PMI remains robust

The USD/JPY exchange rate dipped to about 160.25 during European trading on Tuesday. This slight decline comes as the Japanese yen (JPY) is performing better than other currencies, following the recent monetary policy updates from the Bank of Japan (BOJ). As anticipated, the Bank of Japan has increased interest rates by 25 basis points (bps) […]

EUR/USD Price Outlook: Difficulty in reclaiming 20-day EMA, focus on Fed policy

EUR/USD Price Outlook: Remains under 1.1900 despite positive sentiment

Market Update: EUR/USD and Federal Reserve Insights During European trading on Tuesday, EUR/USD dipped slightly to around 1.1580. Other major currency pairs also fell, reflecting a rise in the US dollar as traders anticipated the Federal Reserve’s monetary policy announcement scheduled for Wednesday. At this moment, the US Dollar Index (DXY), which gauges the dollar’s […]

USD/CHF Price Outlook: Falls beneath 0.7950, nine-day EMA

USD/CHF falls close to 0.7800 as demand for safe-haven assets impacts the US Dollar

The USD/CHF currency pair is down nearly 0.5%, trading around 0.7930 during Monday’s European session. A look at the daily chart reveals that it remains within an ascending channel pattern, suggesting that the bullish sentiment is still in play. Although the pair is holding above the 50-day exponential moving average (EMA) and appears to be […]