The precious metal has recently shown a strong bullish outlook, with two consecutive Japanese Hammer candlesticks signaling potential upward momentum. If the trend continues and Monday closes with a solid green candle, it could confirm the...
USD/JPY Technical and Fundamental Analysis M30 Chart: Looking at the M30 chart, the USD/JPY market is in a downtrend today and is testing the low of 149.50. Since then, the market prices have recovered and risen. Currently, the price is trying to...
The currency pair experienced a notable decline during US trading hours on Monday, softening to around the 149.60 mark. The price gained strength following comments from Bank of Japan (BoJ) Governor Kazuo Ueda, which were interpreted as increasing...
The currency pair has experienced significant bullish momentum recently, sparked by a Double Bottom formation near the 1.4080 level on the daily chart. This reversal pattern signaled a potential shift in market sentiment, which was confirmed by a...
The spot price starts the new trading week on a downbeat note, ending a brief two-day losing streak but stalling its recent recovery from a high reached last Monday, the strongest level since February 2023. As of now, spot prices hover just above...