USD/JPY Trading Analysis Update Wednesday, February 5, 2025 Tonight I will also try to analyze the EUR/JPY currency pair using the H4 timeframe, for the current price it looks like it is playing below the Moving Average Indicator period 21 and also...
General Points about AUDJPY: Today, the AUD/JPY market shows strong momentum from buyers, indicating the pair may be in the early stages of an upward movement. Technically speaking, the market seems set to rise after having dropped significantly in...
Analyzing the movement of the USDCAD currency pair, we can see that Friday's market activity showed significant price strengthening, with the daily range covering a notable upward movement. The price nearly reached a strong resistance level at...
AUD/USD As of today, AUD/USD continues to struggle near multi-year lows, with both technical and fundamental factors weighing on its movement. Technical Analysis: I’ve been tracking the downtrend, and AUD/USD recently tested the 0.6130 support...
NZD/JPY remains in a complex technical phase, where both bullish and bearish forces are battling for control. The projected movement of 66 to 93 pips is contingent on the market's ability to hold above 86.27, which serves as a pivotal level. If the...
