The Ukraine conflict, for which Russia received a sanction and a suspension from the world's currency system, is being explored by Beijing to boost the yuan's value against the US dollar, according to Chen Ming-tong of the China Security Bureau.In an interview, the Taiwanese security director …
Price Action Charts in Focus
AUDJPY: Price May Decline Soon
The Yen is facing more pressure from the bulls. The currency pair could still decrease despite slight moves from the buyers.AUDJPY Weekly Price Analysis -March 27Further increase in the bear’s pressure may break down at the $90.522 support level and this may push the price down to $90.130 and …
EURCHF Repels Bearish Influence
EURCHF Analysis - The Market Repels Bearish Influence and Climbs Back Into a Triangle Pattern EURCHF repels bearish exertion to rise back into its expanding triangle pattern. Buyers reacted to the sudden slump in price at the 0.99760 key level. As a result, the price jumped higher with consecutive …