The Science Behind USD/ JPY Price Action I am assessing the live analysis of the USD/ JPY currency pair's pricing movements. It is good when the forecast works as it should; it means that the analysis was carried out productively enough and revealed...
Commodity Channel Index Trading Strategy #2 _CCI Trend Following Strategy with Confirmation_ This strategy uses the Commodity Channel Index (CCI) to identify trends and enter trades in the direction of the trend, with additional confirmation from...
The US dollar showed signs of stabilization against the Japanese yen in the early hours of Thursday, holding steady near the 142 yen mark. This level has been significant several times in the past, so it is no surprise that it is attracting the...
In my morning forecast, I highlighted the 1.1004 level and planned to make trading decisions based on it. Let's review the 5-minute chart to analyze the developments. A decline followed by a false breakout at this level led to a buying opportunity,...
The pair experienced a notable decline during Thursday's North American session, sliding beneath the critical support level of 1.1001. This downward movement is driven by a confluence of factors, including a sharp rise in the US Dollar (USD) and a...