On Friday, the spot price continued its impressive rally, marking a more than 1.61% gain. This surge led to a notable drop in the USD/JPY pair, which fell over 4.91% during the Asian session to a low of 141.69. Although the pair later trimmed some...
The Relative Strength Index (RSI) Trading Oscillator Strategy #2 *Strategy Name:* RSI Mean Reversion with Trend Confirmation *Objective:* To buy oversold and sell overbought conditions using the RSI oscillator, while confirming trend direction...
The Japanese one significantly strengthened only on Friday. The yen is on a tear, up 2.3% against the dollar this week. Japanese household spending falls short of expectations Japan's economy is showing signs of recovery, but consumers are...
Bitcoin Weekly Forecast: $50,000 on the horizon if it breaks below key support level, Bitcoin Price tests the key support level at $56,000 on Friday, consolidating over a 1% decline this week. Ifit drops below this suport, a continued downtrend...
EURJPY A small strengthening may still continue further to the range of 159.70 and we will be able to break through it, and after that, the strengthening will continue. Perhaps there will be a small impulse upwards to the range of 160.57, then...