Trading Wisdom: USD/ JPY Prices I am currently assessing the dynamic pricing behaviour of the USD/ JPY currency pair. USDJPY on the H4 chart is poised to continue its upward trajectory. The price remains above the upper boundary of the Ichimoku...
In the early stages of the Asian trading session, the USD/CHF currency pair has exhibited a propensity for sideways movement, suggesting a lack of significant directional bias. This tepid price action follows a preceding downtrend experienced...
GBPUSD: Since the start of the trading session on Monday, the GBP/USD currency pair has exhibited bullish conditions. Throughout this period, the price has fluctuated within a relatively narrow range, yet the dominance of buyers has been evident....
USD/JPY To better understand USDJPY, we first determine the main trading range, which for the last month has been 157.59-154.58, and this is exactly between the start level of the Bank of Japan’s last intervention and the closing level of this...
Regarding the broader market performance, a note from iForex Europe, a foreign exchange trading company, highlights that the US dollar has been on the rise, largely due to increasing Treasury yields. This rise in Treasury bond yields is attributed...