The USDCHF has chopped higher in trading today. The pair started the day near a swing area at 0.9591 to 0.9606 after breaking back above the 100 hour MA yesterday and closing…

The rising cost of European energy supplies has driven deep declines in many financial model-derived estimates of the single currency’s fair value this year, and with little respite on the…

In the near term and according to the performance on the hourly chart, it seems that the GBP/USD currency pair is trading within the formation of a weak ascending channel. …

 I think we are going to see a lot of noisy behavior over the next 24 hours, before continuing for all drift higher that we have been in for a…

And back the other way we go now as the push and pull continues this week. The dollar is slightly softer on the day as equities are finding a bit…

It’s tough to read into the market moves at the moment as traders and investors are all lacking any firm conviction before we get to Fed chair Powell’s speech at…

A surging US dollar threatens to end the nascent rally in the yen, just as speculators have abandoned betting on the Japanese currency. The USD/JPY currency pair started this week’s trading with the…

Bearish view Sell the EUR/USD and set a take-profit at 0.9900. Add a stop-loss at 1.0050. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.0035 and a take-profit at…

The GBP/USD continues to lose ground in early trading today and the depths of the forex pair are bringing into view long term perspectives. The GBP/USD is traversing near the 1.17500 level…

The GBP/USD pair has fallen significantly during the trading session on Friday as we ended the week. The market now looks likely to continue dropping given enough time, but ultimately, it’s a…