USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
USDJPY currency pair - D1 period chart. The price was falling for the main part of the last week because weakening the US dollar was going on in the market, especially the euro and the pound grew almost vertically. The ascending wave structure can...
USDCAD Market Analysis: Bullish Outlook H4 Timeframe Analysis In the H4 timeframe, the USDCAD market has shown a significant bullish momentum, successfully breaking through the middle band price area. This upward movement is further supported by a...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY market price is currently falling. The dawn trendline is helping push the price lower. So this time the market price is falling with the help of the trend line....
The pair has been trading within a green range, where selling volume was notably present. I assumed that the pair would move slightly lower, and the volume eventually pushed it out of this range. The pair reached the resistance level of 0.57533, but...