USD/JPY H4 Timeframe Analysis: Current Market Situation The USD/JPY H4 timeframe chart is currently depicting a critical situation that holds significant implications for both short-term and long-term trends. Below is an analysis of the key...
EUR/USD Technical and Fundamental Analysis The EUR/USD market was previously in a downtrend with a strong sell structure. However, the trend has turned bullish after completing a five-wave cycle and breaking out of its previous structure. The price...
AUD/USD attracts some buyers after Trump said that he could reach a trade deal with China. Bets for more Fed rate cuts weigh on the USD amid a positive risk tone and also lend support. Spot prices remain on track to snap a three-week losing streak...
USD/JPY Nothing changes on Friday either. There is some price shift to the upper border of the trading range from 156.701, but there are no decisive actions from the bulls related to breaking through the level, much less holding it. Energy...
Forecast of USDJPY The USDJPY price was already in a bearish trend on the H4 time frame chart, but it increased for the price correction in the most recent waves. The USDJPY crossed the moving average lines to the upside twice during its price...