NZD/JPY Analysis Update Friday, January 10, 2025 The ongoing downward rally in the NZDJPY pair is likely to produce a death cross signal. Just to make sure, we need to wait for the EMA 50 that crosses the SMA 200 downwards to widen. If the two...
I currently see a clear bearish signal on the chart of the currency pair/instrument in the form of Heikin Ashi candles. I believe it is advisable to focus only on sell positions at the moment. I find that the combination of volume spread analysis...
The surface reveals a dominant seller-driven narrative, suggesting an overall bearish sentiment. However, much like an iceberg, a significant part of the market remains hidden beneath the surface. Beneath the visible sell pressure, bargain hunters...
PAIR REVIEW GBPJPY Hello! Still, after three days of decline, the correction does not look like one that will win back most of the lost positions. At least, it is not noticeable yet. Because the instrument, having fallen below the support of 194.68...
The Bank of Japan (BoJ) is in the midst of a difficult battle to reverse the two-year downward trend of the Japanese Yen. Despite deploying numerous policy tools, including aggressive interventions and adjusting interest rates, the BoJ has yet to...
