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...
The price of the currency pair was falling today, and probably many were waiting for this correction. There will also be evening news from the States. And today is Friday; I’m sitting outside the market, and most likely I won’t tradene pair is...
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...
The chart depicts a trend line (short-term) with shaded confidence intervals over a date range from May 15, 2024, to July 1, 2024. Here is a detailed description and analysis of the chart: ### Description: 1. **X-Axis (Date)**: - The x-axis...
Upon observing the price movements of the EUR/USD currency pair during this mid-week trading session, it appears that the bullish trend is still intact. However, since last night, the market has experienced a significant bearish movement,...