EURJPY is in a rather complicated position right now, and I would personally prefer to stay out of the market until the chart gives a clearer signal. On the daily timeframe, the latest downward wave managed to make a lower low compared with the...
Technical Analysis: EUR/JPY EUR/JPY posts modest losses around 185.60 in Monday’s early Asian session. The cross is well-supported above the key 100-day SMA, with bullish RSI momentum. The initial support level is seen at 185.15; The first upside...
I am looking at USDCAD today and there is a setup that could offer an interesting short-term opportunity. The pair is currently around an important price area, and I am mainly interested in how the market reacts near 1.3810. My main idea is to look...
Market Overview: The USD/JPY currency pair is currently trading at 159.21, pressing back toward the critical psychological upper boundary that continuously draws intense scrutiny from macroeconomic desks and monetary authorities alike. Institutional...
USDCADm M30 Technical Analysis — Market Structure, FVG, Order Block Liquidity 1. Overall Market Structure The USDCADm M30 chart shows a clear transition from an earlier bearish structure into a strong bullish recovery. At the beginning of the...
