Yesterday, the price of EUR/JPY could not be pushed to the north to work out the nearest resistance level, which, according to my markings, is located at 174.740, and it turns out that at the end of the day, an uncertainty candle was formed, which...
USD/JPY H-1 Hello, fellow traders! Sellers are stronger than buyers. We see this from the location of the indicator on the chart, which is above the traded instrument. We expect an additional sell signal from MACD. With its histogram bars, it is...
The currency pair saw a modest uptick during the Asian session on Friday, moving further away from the weekly high achieved the previous day. Although spot prices remain in a defensive stance above the mid-1.0820s, the downside risks appear...
Divergence is a powerful concept in technical analysis, often used to identify potential reversals and continuations in the financial markets. It occurs when the price of an asset moves in the opposite direction of an indicator, such as a momentum...
On Friday, the U.S. dollar lagged slightly against the Japanese yen in early trading. At least for the number of titles posted, it was a bit warmer than expected. As a result, it’s not surprising to see the market reverse past losses. The 160 yen...