Current Situation of EUR/JPY Misunderstanding of BoJ's Monetary Policy The outlook for the EUR/JPY currency pair is heavily influenced by the ongoing uncertainty surrounding Japan's monetary policy. Within the Bank of Japan (BoJ), there is...
USDJPY currency pair - D1 period chart. Here you can see how a narrow range was formed at the top of the movement at the end of December. The price was sawing in a narrow sideways range for over ten days in a row. The ascending wave structure...
LTC/USD Technical Analysis Currently, Litecoin is trading in a downtrend, reflecting a weak bullish trend in the market. Earlier today, Litecoin tested the resistance level at 125.0 but failed to break through it and started a bearish reversal....
GBP/USD Price Movement Update The current situation of GBPUSD rose again in the market movement last Friday, good British fundamentals seem to be what made GBPUSD rise again. However, the bullish that occurred has not been able to break out the key...
The Double Exponential Moving Average (DEMA) is a technical analysis indicator used in forex and other financial markets to smooth price data while reducing the lag associated with traditional moving averages. It was introduced by Patrick Mulloy in...