T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning trading friends, greetings to all of us. On this occasion, I will try to discuss the mandatory major pair, as usual, namely USD/JPY. USD/JPY is trading at 151.59 at the time of writing....
Euro vs. Yen: Market Moves and What’s Shaping the Action(February 7,2025) Eurozone Struggles: Signs of Weakness? The euro has been running into some bumps lately. Germany, which usually drives Europe’s economy, just posted a 5.4% drop in...
Current Trends and Price Action Analysis of EUR/USD The EUR/USD currency pair is currently in an uptrend on the H1 (one-hour) time frame, with prices hovering around 1.0414. The Relative Strength Index (RSI) is below 70, indicating that the market...
The GBP/USD currency pair experienced a slight dip in Asian trading on Thursday, hovering around 1.2490, breaking a three-day streak of gains. This downward pressure on the British pound stems primarily from market anticipations of a potential...
NZD/USD Potential for Upside Movement Key Level (Pivot Point) – 0.5668 The NZD/USD currency pair shows potential for a bullish movement, with an expected increase of 29 to 43 pips. The pivot point is at 0.5668, which serves as a crucial support...