THE CURRENCY PAIR GBP-JPY The configuration of the Heiken Ashi candles, together with the signals of the TMA (Triangular Moving Average) and RSI indicators for the selected currency pair or instrument, makes it possible to conclude that the market...
The Euro (EUR) and US Dollar (USD) exchange rate (EUR/USD), nicknamed "fiber" by traders, remained stuck in a familiar trading range around 1.0700 on Wednesday. This stability comes ahead of a data dump expected on Friday, which is keeping market...
Recently, there was a notable breakout of sellers when the price rose above the 2330 mark. This breakout was significant because it indicated a potential shift in market sentiment from bearish to bullish. However, the excitement was short-lived....
USD/JPY pair closed last Friday at 157.38. Today is Sunday, and the market is currently on a weekend break. On Friday, the USD/JPY pair exhibited significant movement on the H4 chart. After breaking the important 156.41 support level on the sell...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...