USD/JPY Hourly Chart Analysis Currently, the USD/JPY currency pair is trading around the 147.60 level on the hourly chart. This level appears to be significant for the market as the price is moving between the 12-period Exponential Moving Average...
I believe that the USD/JPY pair is currently facing downward pressure, and I see no compelling reason for it to move north. I have already made my case regarding the Bank of Japan (BOJ) potentially raising rates by 0.5 to 1 basis point in March,...
GBP/USD GBP/USD rises above 1.2900 - But To Gather Bullish Momentum GBP/USD holds steady above 1.2900 after falling toward 1.2870 earlier in the day. The risk-averse market atmosphere amid the uncertainty surrounding US President Donald Trump's...
General Points about GBPNZD: The market trend for GBPNZD is in favor of buyers, indicating a strong bullish sentiment in the pair. A further upward movement is expected as momentum continues to build. In the coming hours, the market could move above...
The pair was trading within a range near the resistance level of 190.161, and I observed that it bounced off this resistance with significant selling volume. This indicated to me that there was strong pressure from sellers at this level, preventing...
