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USD/JPY As of February 14, 2025, I am seeing the USD/JPY currency pair trading near the 152.00 level, exhibiting a downward trend within a descending price channel. The pair recently tested the key support level at 151.00. The Alligator indicator...
Technical Analysis EUR/USD H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains above 70, suggesting that the EUR/USD pair will pull back before continuing its upward trend. On the upside, 1.0500-1.0510 (round number,...
This week, the foreign exchange market delivered a brutal lesson to traders, particularly in the USD/JPY pair. I observed a sharp upward impulse that pushed prices up by 300 points with minimal retracements, only to be followed by an equally...
The Rise of Cryptocurrency in the Forex market Trading: A New Era of Digital Currency and Market Dynamics Over the past decade, cryptocurrencies have unexpectedly advanced from a gap interest into a global phenomenon. What started out as a...