Technical Analysisound Sterling oscillates inside Friday’s range The Pound Sterling steadies against its major peers on Monday amid uncertainty ahead of UK employment and inflation data. BoE Governor Bailey could hint at fresh cues about the...
The term "MN chart" refers to the Monthly Chart in Forex trading. This chart provides a visual representation of price movements over an entire month, with each candlestick or bar encapsulating the open, close, high, and low prices for that specific...
The Japanese yen has strengthened considerably, buoyed by robust Japanese GDP growth data, which has fueled expectations of continued interest rate hikes by the Bank of Japan. This anticipation of higher interest rates in Japan, coupled with the...
The EUR/JPY pair experienced a decline in Asian trading on Monday, retreating to around the 159.10 level after gains in the previous session. This downturn can be primarily attributed to a strengthening Japanese yen, which was bolstered by a...
The USD/JPY H1 chart shows a well-defined downtrend over the past month, with price consistently forming lower highs and lower lows. The red moving average, likely a short-term or medium-term moving average, serves as dynamic resistance, with price...