Technical Analysis of USD/JPY Last trading week, the Japanese yen continued to move from moderate to weak, returning to its previous local maximums. Having consolidated above the level of 147.45, the price managed to recover and continue the initial...
Bitcoin is nearing a critical moment as traders closely monitor for signs of either a breakout or level manipulation. On the daily timeframe, Bitcoin is trading at $68,180, approaching the significant resistance zone near $69,000. This level has...
Welcome traders! As observed since September 10, the divergence between the price action and the Stochastic indicator suggests a potential rebound, although the overall bearish trend signals further downward movement. The bearish divergence the RSI...
On Friday, the price strengthened against its major peers, closing around the 1.3048 region following the Bank of England's (BoE) monetary policy announcement. The BoE decided to leave interest rates unchanged at 5%, a move that was widely...