Technical analysis

USD/CHF ends the week with decent gains of 0.39%. Risk aversion dominates the session on Friday, as it has throughout the week. USD/CHF double top on the daily chart is still in play but failure…
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EUR/USD resumes declines and flirts with break of 1.0400. The June low at 1.0358 should offer some decent containment initially. The EUR/USD keeps the bearish bias unchanged and continues to…
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DXY leaves Thursday's pullback behind and retraces 105.00. Further up is the 2022 high near 105.80 (June 15). The US Dollar Index (DXY) resumes the rises and recovers the area beyond 105.00 the…
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EUR/JPY continues to slide and breaks 141.00 to multi-session lows. The next move down is the June low at 137.86 (June 15). The EUR/JPY remains under selling pressure and hits fresh 2-week lows…
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GBP/USD witnessed some aggressive selling on Friday and dipped to a two-week low. Technical selling below 1.2100 aggravated intraday bearish pressure. The breakout of the downtrend channel…
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USD/JPY witnessed selling for the second day in a row and approached the weekly low. The overnight break of an ascending trend line and the 200 hourly SMA favors the bears. Mixed technical…
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Silver continues to lose ground on Friday and falls to a two-year low below the $20.00 level. The move down confirms a new bearish breakout of an uptrend channel. Oversold technical oscillators…
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The USD/CHF daily chart illustrates a double top formation, but strong buying pressure below 0.9540 has limited any downside move. The risk aversion drive bolstered appetite for the Swiss franc and…
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l USD/MXN turns negative, after reaching weekly highs near 20.30. A recovery in market sentiment helped the Mexican peso during the American session. A consolidation above 20.20 is likely to…
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AUD/USD rises despite market sentiment affected by dollar weakness. The Fed's favorite indicator to measure inflation declines, but also consumer spending is affected, could the US economy support…
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