USD/JPY H1 chart The USD/JPY currency pair on the H1 timeframe is currently showing quite strong bullish signs. One of the main indications of this bullish tendency is the price that is stuck at the resistance level of 159,901. Previously, the price...
USD/JPY ANALYSIS 01 July 2024 The ongoing upward rally on the USDJPY pair has not indicated any weakening at all. Although the price has corrected down several times to touch or be below the EMA 50, it was eventually able to move up higher. If we...
According to the H1 chart, the EUR/JPY currency pair is currently moving in an upward trend. This upward trajectory is confirmed by the 50-period moving average, which is positioned below the current price. Additionally, the zig-zag indicator...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...
GBP/ USD /H1 We will discuss the current behavior analysis of the GBP/ USD currency pair's price. Growth is likely if the pair can break through the H1 resistance at 1.2681. A successful breakout increases the probability to nearly 90%, though 10%...