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Analysis of USD/JPY Using Two Timeframes Timeframe D1 Good afternoon, everyone. In this session, I will analyze the USD/JPY currency pair using the D1 timeframe. Currently, the price is trading below both the 21-period and 34-period Moving Averages,...
Market Fundamentals: China's economy demonstrated resilience in the fourth quarter of 2024, with Gross Domestic Product (GDP) expanding by 5.4% year-over-year, up from 4.6% in the previous quarter. Every quarter, growth accelerated to 1.6%, in line...
Currency pair GBPUSD - H4 period chart. The wave structure is built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price moved little. They made a...
Weekly Analysis of EUR/JPY Pair Current Market Position The EUR/JPY pair is currently approaching a significant triple bottom formation on the daily chart, with a notable low at 155.56, which serves as a strong support level. If the price respects...
