After the USD/CHF and USD/JPY major currency pairs showed a multidirectional performance last week, the CHF/JPY cross-rate skyrocketed. The pair has breached the all-time high seen during an extremely bullish rally of the Swiss Franc in 2015 when many financial…

The British pound failed to sustain gains versus the US dollar after bouncing off the 13-month bottom, tested a weekly resistance range in the 1.26 figure, reversed, and printed two weekly candlesticks in the red. On top of that, the…

The S&P 500 stock index retraced from 14-month highs, adding +6.58% (+256.88 points) to its value in the past week. That was the first weekly candlestick in the green with such a long body since the bullish rally in March…

Weekly Technical - EUR/USD - May 30th 2022   The single European currency managed to recover some losses versus the US dollar. The EUR/USD exchange rate printed two-weeks gains of 417 pips (four digit quotes) or 2.17%, after the pair…