Analysis of USD/JPY Using Two Timeframes Timeframe D1 Good afternoon, everyone. In this session, I will analyze the USD/JPY currency pair using the D1 timeframe. Currently, the price is trading below both the 21-period and 34-period Moving Averages,...
Market Analysis for CADJPY on Sunday, February 23, 2025 As we approach the trading week, the CADJPY pair has shown attempts to recover from the previous week’s decline. However, the upward movement has been limited, peaking around the 107.42 price...
The Reserve Bank of Australia (RBA) kept its Official Cash Rate (OCR) unchanged at 4.35% in its final policy meeting, emphasizing the need for continued vigilance despite a moderation in inflation risks. Governor Michele Bullock reiterated that...
The Australian dollar has faced winds against last, as evidenced by its setback during Friday's negotiation session. Despite a brief rebound, the impulse seems to be hesitant, which raises concerns about whether the recent ascending trend can be...
EURUSD Weekly Technical Analysis EURUSD continues its bullish momentum, currently trading near 1.0460. The price remains above the 70-period moving average (MA) on the weekly timeframe, reinforcing the uptrend. The Relative Strength Index (RSI)...
