EUR/JPY Trading Analysis Update Friday, January 17, 2025 This afternoon I will also try to analyze the EUR/JPY currency pair using the H4 timeframe, it can be seen that the current price is below the Moving Average Indicator period 21 and also the...
USD/JPY Technical Analysis The USD/JPY currency pair has recently been on a downward trajectory characterized by lower lows in one 1-hour. This pattern indicates a bearish market structure. The pair trades below the 200-day Simple Moving Average...
USD/JPY Technical Analysis and Market Sentiment The USD/JPY market is currently in an uptrend, and the price is trading around 156.345. The hourly chart shows the market is approaching the key resistance level 156.500. Successfully breaking this...
The Australian dollar weakened slightly on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong Chinese numbers support Aussie? Good news came out of China on Friday, highlighted by...
The chart depicts the EUR/USD currency pair on the H1 timeframe, illustrating its price action over a significant period. From a technical perspective, the movements in the chart suggest a predominantly bearish trend, interspersed with brief...