The USD/JPY currency pair experienced a notable shift in momentum on Tuesday, sliding 0.62% to close around 158.70 and marking its second consecutive daily decline. This move was characterized by a stern rejection of the psychological 160.00 handle,...
I begin my analysis of the EUR/USD pair by reflecting on my previous scenario, where I had expected a continuation of the downward movement and had set my targets around the 1.13835 level, which I considered a key objective for sellers. I note with...
I observe that the GBP/JPY pair is currently showing a controlled decline, and I note that as we begin Wednesday trading, the price is positioned firmly around the key moving average at 209.80, which I consider a very sensitive and borderline zone...
USD/CAD TECHNICAL OUTLOOK 1 APR Right now, USD/CAD is sitting at 1.3905, right at a major crossroads. After being capped for months by that long-term descending trendline, the bulls have finally fought their way back. The pair bounced strongly from...
I observe that the current price of USD/JPY is trading around 158.73, and I begin my analysis by carefully studying the daily chart through the lens of wave technique to understand the broader market structure. I notice that the MA100 is steadily...
