Fundamentals Forex trading, or foreign exchange trading, involves buying and selling currencies with the goal of making a profit from changes in exchange rates. Here's a breakdown of the fundamentals: Understanding the Forex Market Market Structure:...
USD/JPY Technical Fundamentals and Forecasts: Forecasts for the Week Ahead Last week's report: USD/JPY rose last week, testing highs of 148.61 and lows of 151.18 before closing at 150.05. On Wednesday, USD/JPY attempted to break above the 149.30...
The USD/CHF currency pair is currently trading around the 0.8860 level, with investors awaiting key economic events in the United States. Federal Reserve Chairman Jerome Powell's speech on Wednesday and the release of crucial US employment data on...
USD/JPY Technical Analysis USD/JPY is currently hovering around 144.50, showing signs of consolidation. From what I see on the 4-hour chart, the pair is staying below the 200-period EMA, which suggests bearish momentum for now. There’s strong...
PAIR REVIEW EURJPY Hello! Sunday technical analysis of the pair on the 1-hour chart. The price at 156.40 worked out the minimum of the TF with a double bottom and corrected upwards from there. The price worked out the green zone, and it can use the...