USD/JPY: testing weekly lows   Ichimoku Cloud bearish; ADX and DI bearish; RSI bearish.   The US dollar is testing weekly lows versus the Japanese yen. The intraday technical sentiment on the four-hour chart below is extremely bearish, showing that…

USD/CHF: bullish divergence   Williams Alligator bearish; MACD mixed; Awesome Oscillator bullish.   The USD/CHF currency pair kept printing fresh intraday lows (see the four-hour chart setup below), however, some technical signs point to decreasing momentum and a possible bullish…

Due to a more optimistic mood in the market, the USD/JPY declined slightly and had only very small losses of 0.01% in North America’s trading session – this caused it to reach 127.84 on Monday. There have been further encouraging…

USD/ZAR: bearish momentum rising   Williams Alligator bearish; MACD bearish; Awesome Oscillator bearish.   The USD/ZAR currency pair is under heavy selling pressure, while the bearish momentum is rising. The bulls had two attempts to get the rate back into…