02 MAY 2026 The USDJPY is trading at 157.040. This is because of the difference in policies between the United States and Japan. The USDJPY has a bullish structure on the daily chart. Current Market Position on the Daily Timeframe The USDJPY is...
The way the market closed may feel slightly disappointing for bearish traders, mainly because buyers managed to regain control by the end of the session. Even so, the strong rally we saw yesterday has made me seriously reconsider whether it still...
The Sterling Ascent: GBP/USD Reclaims 1.3650 as "Intervention Tremors" and BoE Hawks Overwhelm a Divided Fed The GBP/USD pair staged a high-conviction breakout on Friday, May 1st, surging over 0.50% to eclipse the 1.3650 handle—marking a fresh...
Moving averages are among the most widely used tools in Forex trading, offering traders a simple yet powerful way to analyze price trends and make informed decisions. At their core, moving averages smooth out price data over a specific period,...
EURUSD H4 ANALYSIS EUR/USD is quietly pushing higher again, hovering near 1.1722 and brushing up against the top of its weekly range. The move isn’t explosive, but it carries a certain persistence. What’s interesting is how the market is choosing to...
