Weekly Technical - NASDAQ - April 25th 2022   The US tech stock index NASDAQ lost -10.73% (-1537.8 points) in three weeks. The downtrend is accelerating as last week’s losses were the largest within three weeks - 4.14%. On top…

The British Pound came back to pre-Brexit level versus the Japanese Yen. The GBP/JPY cross-rate showed quite an impressive performance during the recent uptrend, strengthening by 9% (1394 pips, four-digit quotes) in six weeks. A clear sequence of higher highs…

The New Zealand dollar failed to hold gains versus the US dollar, charting a red weekly candlestick with a long upside shadow. The NZD/USD exchange rate lost -1.09% (75 pips, four-digit quotes), while the weekly range was even larger -…

The Japanese Yen kept weakening versus the US dollar this past week. Although the USD/JPY currency pair gained only 0.39% (47.4 pips, four-digit quotes), the technical performance gave traders a couple of conclusions to make more accurate forecasts for the…