USD/JPY Fundamental Analysis: USD/JPY is pushing higher today, mainly due to a stronger U.S. dollar and positive market sentiment. The latest Non-Farm Payrolls (NFP) report crushed expectations at 353K vs. 187K forecast, reinforcing the Fed’s...
The US dollar is experiencing a remarkable decrease against Japanese yen, and the couple currently proves the 200 -day exponential mobile crucial (EMA). This technical level, widely monitored by merchants, often serves as a fundamental point that...
What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
If the pair successfully breaks below the support level of 156.70, bearish momentum will likely strengthen, allowing sellers to continue pushing the price downward. However, a mere breakout is insufficient; the price must remain below this level to...
EURJPY currency pair - let’s look at the D1 period chart today. The price was moving sideways throughout January. Of course, there were movements, but by the standards of the daily period they were not large. The wave structure is neutral. The MACD...
