Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
USDJPY currency pair - D1 period chart. The price was falling for the main part of the last week because weakening the US dollar was going on in the market, especially the euro and the pound grew almost vertically. The ascending wave structure can...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The GBP/JPY margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
NZDUSD Daily Outlook The daily chart of the NZDUSD pair shows an interesting price structure with a clear transition from a continuous decline phase to a reversal phase. Initially, the price moved within a clearly defined downtrend channel (marked...
The Australian dollar is one of the most intriguing currency pairs that I am monitoring at this time, and its behavior often offers ideas that can be applied to similar currencies, such as the New Zealand dollar. Recently, the Australian has...
