The recent price behavior of the USD/JPY currency pair suggests a generally positive outlook, barring minor disruptions like the upcoming release of the FOMC minutes. If the price stabilizes above the key range of 139.01 to 139.32, buying this asset...
The Keltner Channel is a technical indicator used in trading to identify potential trends, breakouts, and overbought or oversold conditions. It consists of three lines: an upper band, a middle band (usually a moving average), and a lower band, which...
The EUR/USD pair, currently trading at 1.11390, has been displaying a bearish trend, suggesting that the euro is weakening against the U.S. dollar. Despite this downward momentum, the movement has been relatively slow, and the pair hasn’t exhibited...
USD/JPY Market Outlook Greetings and Good Morning! Today, the US CPI and Unemployment rate will change the entire market sentiment later. So, the favorable conditions for USD/JPY buyers in the JPY market today are unlikely to change in the immediate...
Trading Chart on NZD/USD H4 The NZD-USD pair has shown bearish movements in the recent past, forming a clear downward trend with lower highs and lower lows. The technical analysis on the H4 timeframe indicates that the bearish momentum has been...