USD/JPY Fundamental Analysis: Today, I’ve been closely watching USD/JPY as it continues to reflect the divergence between U.S. and Japanese monetary policies. The U.S. dollar remains supported by expectations of a hawkish Federal Reserve,...
EUR / JPY: An Hourly Time Frame Recommendation The market sentiment of EURJPY hit the 161.35 level the last time, indicating that the bulls are on the recovery track. This level represents a key point where the price found support, signaling that...
GBP / USD: An Hourly Time Frame Recommendation The price of GBPUSD hit the 1.2615 level on Friday, which indicates that the bulls are weak these days. The recent downward pressure on GBPUSD reflects a lack of strong buying momentum, leaving the...
Technical analysis of the USDJPY pair During the previous two weeks, the price moved in a sideways wave and then in an upward wave, which led to the opening of trading this week within upward price channels. At the present time, the price is...
The USDCHF pair is currently trading at 0.8917 after experiencing a significant upward move followed by a minor retracement. This price action suggests a recent bullish push, which stalled near the 0.8940 region. The short-term trend remains...