USD/JPY Price Activity Our conversation focuses on the evaluation of the USD/JPY currency pair's present price action. Currently, the USD/JPY currency pair is experiencing a decline cycle visible on both the weekly and daily charts, with corrective...
As we enter Monday and the new week, the EUR/USD pair presents several key technical levels that traders should monitor closely. The balance for the day is set at 1.0845. This level acts as a crucial pivot point for the pair’s potential movements....
What is the Elliott Wave Principle? The Elliott Wave Principle is a detailed description of how groups of people behave. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and...
The EUR/JPY pair experienced a decline during the Asian trading session on Monday, trading around 162.15. The dovish tone from European Central Bank (ECB) officials continues to weigh on the euro (EUR) versus the yen (JPY). Investors are awaiting...
The Japanese Yen (JPY) experienced a decline against the US Dollar (USD) during the European session on Friday, following a brief rise earlier in the day. Uncertainty surrounding the timing and pace of an interest rate hike by the Bank of Japan...