For the USD/JPY pair to continue its upward trend, the bulls must overcome the 150.79 resistance level. However, the current market conditions, characterized by low activity, suggest that this upward movement may be weak and sluggish. Despite some...
The EUR/JPY currency pair has lost momentum, trading at around 158.80 during Friday's Asian session, as the Japanese Yen (JPY) gains strength. This shift follows the release of Japan’s November Tokyo Consumer Price Index (CPI) data, which exceeded...
Forecast of Silver A few hours ago, the Silver passed the 26 and 50 EMA lines of the H4 time frame chart to the upside, indicating that the price was rising on the H4 time frame chart. However, it appears that this crossover of the moving average...
Protests have erupted across Israel following the military’s announcement that it had recovered the bodies of six hostages, allegedly killed by Hamas in Gaza. This tragic development has sparked widespread unrest, and Israel’s largest labor group...
Good afternoon. In theory, the current growth of the Euro from the senior timeframes looks like a correction, and after its completion we can expect a continuation of the fall. And if we consider this option, then sellers will need to break through...