Peter, greetings! I am analyzing the H1 chart of the USD/JPY currency pair, and I observe that the price has been trading within a flat corridor since the end of February. I see that today, the pair once again tested the support zone of...
WTI Crude Oil Outlook Crude Oil (USOIL) is showing a continuous downward trend on the intraday chart. This reflects the strong pessimistic sentiment among investors and traders. The price is currently trading near $66,649, well below key technical...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
ANALYSIS OF USD/JPY PAIR. The provided chart is a daily (D1) timeframe of USD/JPY, depicting a significant price structure with historical swings and a moving average (likely the 200-day SMA) acting as dynamic support and resistance. The pair has...
The USD/JPY currency pair is currently experiencing significant volatility, which seems to be hindering its directional movement. As you noted, this volatility often signifies a potential reversal; however, in this instance, the fundamental outlook...
