EURCHF still stands above rising trend line Technical oscillators indicate negative correction EURCHF has been in an ascending tendency since the end of January, and it posted a fresh almost one-year high of 0.9847 in the preceding week. Currently, the market is on the backfoot with the technical oscillators indicating a bearish retracement. The RSI is moving […]
Aug 08, 2024
Does Recent EURJPY Correction Have Legs?
EURJPY is hovering around the 159.64 level It is trading around 9% lower from its recent high Momentum indicators are mixed, all eyes on stochastics EURJPY is trading lower today, close to the 159.64 level and considerably above the August 5 low of 154.38. The market is clearly trying to find its footing following the […]
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