The daily chart of CHF/JPY shows a unique emerging structure with a clear trend formation and key price levels that define the current market movement. The broader structure shows that the currency pair is trading in a descending triangle pattern,...
In the early Asian trading session on Monday, the US West Texas Intermediate (WTI) crude oil benchmark faced significant downward pressure, trading around $60.30 per barrel. This decline represented a slide to levels not witnessed since April 2021,...
USD/JPY: Simple Trading Tips for Beginners 7th April. Review yesterday's forex shops Analysis of shops and business tips for Japanese yen The price test at 144.81 occurred when the MacD indicator has already moved significantly under the zero line,...
The EUR/JPY H1 chart depicts the currency pair's recent price action, showing a trading range between 160.41 and 160.62, with the current price settling at the upper end of this range at 160.62. This suggests a slight bullish bias in the very short...
The GBP/JPY currency pair experienced a sustained upward trend, reaching the 194.40 mark during the early European trading session on Wednesday. This upward trajectory was partially fueled by a slight depreciation of the Japanese Yen, following the...