I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
The Japanese yen is weakening significantly against the US dollar. This is due to a combination of factors, including expectations of continued high interest rates in the US and ongoing weakness in the Japanese economy. On one hand, the US Federal...
USD/JPY ANALYSIS. I'm presently evaluating the powerful valuing conduct of the USD/JPY money pair. USDJPY on the H4 graph is ready to proceed with its vertical direction. The cost stays over the upper limit of the Ichimoku Cloud pointer,...
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Fundamental Analysis On the opening day of a new week, the gold price (XAU/USD) needs to build on Friday's gains and draw new sellers. Throughout the Asian session, the commodity maintained its offered tone; it is presently trading below $2,325 and...