USD/JPY Price Analysis: Technical outlook An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%. Price rises post-pandemic have been driven mostly by cost-push factors, such as...
The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...
EUR/USD The gap down moved a couple significantly lower. Bulls traders made considerable efforts to close this gap and return to the extent affected by a short -term short -term trend to 1.0386 and daily crossing of Ichimok in the range of 1.0356 to...
Good afternoon Kresek, if you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average zone. If there is a...
