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EURJPY: My Contrarian Sell - 15M Entry, H4 Timeframe My Trade (15-Minute View): I've opened a sell trade on EURJPY at 163.27. I know this is a pretty aggressive move, especially considering the overall trend, but I saw some potential for a...
USDJPY Technical Analysis USDJPY has been in a clear downtrend on the hourly timeframe, as price continues to trade below the 150-period moving average (blue line). The moving average is sloping downward, confirming strong bearish momentum. The...
The EUR/USD currency pair continues facing downward pressure as long as the price remains below the critical pivot level of 1.0958 in current trading. Technical indicators confirm the bearish sentiment, with the RSI positioned below its neutral...
The Federal Reserve’s stance on interest rates remains cautious, as Chair Jerome Powell emphasized that the central bank is not in a hurry to cut rates further due to ongoing economic uncertainty. Analysts predict that the US central bank will...