GBP/USD Technical Analysis This week, the price trades within two channels, one of which is bearish, colored red and represents the price movement during the previous week, considered a bearish corrective movement. This means that we have a blue...
Trading Signals through USD/ JPY Our conversation focuses on the ongoing evaluation of the USD/ JPY currency pair's price assessment. I had hoped for a different scenario for the yen pair, but the situation remains unchanged. Despite today's...
USD/ JPY Price Signals The subject of our conversation pertains to the present study of the USD/ JPY currency pair's pricing movement assessment. The price tested the support level of 158.987 and the resistance of 159.734. The day I ended below...
The U.S. dollar rose sharply on Wednesday morning, continuing its strong appreciation against the Japanese yen. This consistent strength of the pair is primarily due to upbeat automotive trading growth, with positive interest rate differentials...
The pair has been reducing near 1.2630 during the US session on Wednesday. This consolidation occurs within an ascending channel pattern on the daily chart. The 14-day Relative Strength Index (RSI) sits above the 50 level, indicating a bullish bias....