Analysis of the GBPJPY pair in the Daily time frame. GBPJPY has not experienced too much volatility this week. Prices tend to move around the EMA 50 and pivot point (PP) 193.36. Although it appears to be moving up, prices have not been able to reach...
Analysis of Trades and Trading Tips for the Japanese Yen The price test 149.49 occurred when the MACD indicator began moving upward from the zero line, confirming the correct entry point for buying the dollar. As a result, the pair moved up by about...
Profitable Forex Trades: USD/JPY The USD/JPY currency pair's price action analysis will be our focus point in this discussion. On the daily chart, the current scenario reveals a breakout above the previous resistance level, with a buying threshold...
GBP/USD Market Outlook Greetings and Good Morning guys! Yesterday, the market of GBP/USD crossed the physical limit of 1.2992. The UK CPI rate is the important reason for this weakness. Also, the US FOMC Member Waller's comments suggested that the...
At the moment, the USD/CHF pair is trading around 0.86548, and the current trend appears to be on the bearish side. The market is moving slowly, showing signs of cautious trading as it consolidates at this level. Despite the current bearish...