The CAD/JPY pair is the abbreviated term used for the Canadian dollar and the Japanese yen. The pair doesn't have a nickname. Before we get into the particulars, what exactly does CAD/JPY rate mean? The exchange rate tells you how many Japanese yen...
EURUSD EURUSD closed the day and week yesterday at 1.1100. Hello, Nikolay, have a nice weekend. Your resistance held, but the closing price was also above 1.1070 (this is the level at which the first signs of bears waking up appeared). For now, the...
EUR / JPY: An hourly time frame recommendation The bulls are losing their value but the market is also following a technical analysis too. Thus, I recommend a sell entry on the EURJPY market with the short goal of 155.65 ahead. Investors should...
GBPUSD On the weekly chart on the left, the current price structure appears to be creating a bullish pattern, because the movement in the last 5 weeks has clearly been dominated by buyers. There are two double marubozu candles that are the driving...
The Bitcoin market recently bounced off the 50-week exponential moving average (EMA), signaling positive momentum. But the key question is whether this upward movement can be sustained. Over the past seven months, Bitcoin has managed to recover each...