The Japanese government has made its intention known to commit to a US $48.5 billion stimulus package. According to a document obtained by Reuters on Monday, the government will use this to subsidize products and alleviate the economic effect of the rise in the cost of petroleum and raw …
Price Action Charts in Focus
AUDJPY: Price at the Verge of Downsides
The upward move still dominates the long-term outlook while the medium-term range is facing a downward move.The pair is slightly going in favor of the bears.AUDJPY Weekly Price Analysis - April 24AUDJPY market price staying below EMA-9 at the $92.989 support level, may lead to strong downsides. …
EURCHF Makes a Strong Push Against the 1.03270 Price Line
EURCHF Analysis - Price Makes an Upward Push Against the 1.03270 Key Level EURCHF makes a strong push against the 1.03270 key level as the market buyers rally together. Despite being continuously rejected and sliding down a trendline as the price tries to go higher, the market makes a strong push …