The USD/JPY exchange rate, currently at 157.45, is experiencing a bearish trend, indicating a gradual decline in the value of the US dollar against the Japanese yen. This trend suggests that traders and investors might be anticipating further...
At the moment, I am waiting for the price of this currency pair to reach the extremes of the last trading session. Depending on the formed price levels, I will likely have a position in the USD/CAD currency pair. The price levels in question are...
Introduction Forex trading, also known as foreign exchange trading or currency trading, involves the exchange of currencies on the foreign exchange market. Traders use various methods to predict market movements and make trading decisions, and one...
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...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...