I analyzed the USDJPY trade I executed yesterday during the American trading session, where I bought after a decline but closed the position too early, taking only 50 points. I initially thought the price would correct slightly north, possibly...
On Wednesday, the British pound experienced a significant decline against major global currencies, primarily triggered by a cautious statement from the Bank of England's Monetary Policy Committee (MPC). The MPC expressed concerns that a substantial...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis; the market price is falling. The market respects the trendline too much; the price moves up from the bottom and reaches the trendline, then the market price rises again. So...
The NZD/USD pair has shown promising bullish momentum, especially with the price holding steadily above the important pivot point at 0.5664. Technical indicators currently favor continued upward movement, particularly as the RSI reading above...
Recent technical patterns in the USD/JPY chart indicate potential bullish momentum as long as price remains confidently established above the pivotal 146.10 level. Intraday conditions reflect a cautious sentiment; however, buyers may gain control if...
