Archive for Tag: forex market update

forex technical analysis


NZDCHF Technical Analysis: Weekly Chart In the weekly charts, NZDCHF is trading in a down channel. It is trading above all SMA. The immediate support is 0.6402 & the resistance level is at 0.6535. NZDCHF is trading in the down channel until there is a trend reversal. NZDCHF Technical...

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CAD/JPY trading

Japan’s yen back in favour as a funding currency, but with more risks

CAD/JPY is trading up 0.39% at 91.214 As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world’s most popular funding currency. The trade comes with risks though, given the yen could revert to being a...

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