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The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This persistent...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...
USD/JPY Technical Analysis: Bullish Momentum Points to Further Gains The USD/JPY currency pair is currently trading around the 157.98 level, displaying robust bullish momentum on the daily (D1) chart. This upward trend has been consistent since the...
USD/JPY H-4 H4 period chart - USDJPY currency pair. It’s clear now that last week we didn’t really go anywhere, and I continue to stick to the upward scenario. We didn’t go for the time being. The general trend in all older periods, starting from...