The overall strength of the Euro against various currencies has significantly impacted the EUR/JPY pair, causing it to drop to the 0.6900 level. From a technical analysis perspective, to expect a change in the current price action of the pair, we...
USD/JPY was confidently pushed north yesterday, which resulted in a full bullish candlestick that closed above the previous daily range high, forming a full bullish candlestick that was able to exit the accumulation that was forming. Given the...
NZDUSD Elliott Wave analysis on the day chart provides a comprehensive view of the current market trend. The essential spotlight is on understanding the wave construction and estimating future developments inside the Elliott Wave structure. The...
GBP/USD Technical Analysis This week, trading opened inside the white triangle formed by two channels. One of these channels is red and has an upward direction, representing the price movement during the previous week. The other is blue and...
The GBP/JPY currency pair's winning streak, which began on June 17th, came to an end on Tuesday. Early European trade saw the pair hovering near the 204.00 mark, after reaching a 16-year high of 204.75 on Monday. This strong performance was fueled...