EUR/JPY Price Test Insights EURJPY buyers are still able to maintain their bullish consistency until tonight. The price is still above the MA 50 line even though the power is decreasing. The price that is approaching the base area at 159.97 seems...
The US dollar is trying to set up a demonstration against the Japanese Yen, but for now, its progress seems confined near the 200 -day exponential mobile (EMA). This key technical indicator is currently acting as a magnet, keeping the torque in a...
Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.03925. To open a position,...
Wednesday, February 12, 2025 Good night fellow forex traders. I am very sure that all fellow members are ready to continue their routine activities. Wednesday is the last day of the midweek trading session, let's make good use of it to increase our...
EURJPY H1 The pair bounced off the resistance at 161.411 here, corrected to the support at 158.347. Then buyer limit orders were triggered and I assumed that it would update the previous maximum and go further up. As a result, there was growth, then...
