Bitcoin Possible Short Position: In the daily timeframe, the currency pair is showing a consistent pattern of lower peaks and valleys. Yesterday, the market opened at the 64695.46 level, reaching a high of 65612.63 and a low of 62054.80 during the...
Hello, friends! Welcome to my trading journal. How are you? I hope you are doing well and enjoying the weekend. It's time to rest, spend time with your family, and review last week's trades to improve your trading. It's currently week 31 of 2024. I...
Weekly Summary and Outlook for USD/JPY As we conclude the current trading week, the 4-hour chart shows that the USD/JPY pair remains in a bearish trend. The price is below the Ichimoku cloud, indicating a strong downward momentum. The stochastic...
Analytical Overview of the USD/JPY Trading Instrument Greetings to all forum enthusiasts! Let's dive into the analytical overview of the USD/JPY trading instrument. The closing price of USD/JPY is at 146.51. Several technical indicators point...
USD/JPY: US Dollar - Japanese Yen The technical outlook for the USD/JPY currency pair suggests a continuation of the southern trend, as clearly demonstrated by the TMA (Triangular Moving Average) channel indicator. This downward movement is further...