USDJPY Technical Analysis: Four-hour Time Frame: If we look at the market price in four hours, the prices are currently moving downwards. The market price has currently fallen well below the 200-day simple moving average and the market price is...
Important Points about AUDJPY: This week has been disappointing and dull for JPY traders due to the absence of significant news events on the weekly calendar. Without any key economic data or central bank announcements to drive market sentiment,...
When the EUR/USD tested the 1.0630 level, I initially found the reaction to be quite puzzling. It seemed like the market's bots might have been reacting to the recent data on the unemployment rate, which rose by 0.1%, or perhaps the decrease in the...
General Point about AUDNZD: It is important to understand that buyers are in a much stronger position in the AUDNZD market. Currently trading at the 1.0961 level, the pair has seen favorable conditions for buyers due to a combination of factors....
EUR/USD Technical and Fundamental Analysis H4 chart: The market tried to break above the 1.0606 peak but failed, showing strong resistance in this area. The price is currently moving towards the 1.0550 support level. A break below this level could...