Analysis of EUR/JPY Using Two Timeframes: H4 and H1 Timeframe H4 Good evening, everyone! Tonight, I will analyze the EUR/JPY currency pair using the H4 timeframe. Currently, the price is trading below both the 21-period and 34-period Moving...
If we look at the USD/JPY market price in the 1-hour time frame, we will see that the price fell after breaking the trend line, and now the market price has broken the support level and is approaching the next support level. The market price is...
Core Points about USDJPY: There is a strong possibility that the USDJPY market will remain in favor of buyers. Recent price action suggests that bullish momentum is building, increasing the chances of an upward movement. In the coming time, it could...
The AUD/USD currency pair is currently in a downward trend, as I observe that the TMA indicator channel is directed downwards. I notice that the price has consolidated above the average TMA level, which could indicate either consolidation relative...
General Points about USD/CAD: The USD/CAD market is likely to follow an uptrend today, showing signs of bullish momentum. Price action suggests that the pair could move further up and potentially break the 1.4475 level. Buyers seem to have control,...