I see that the price has been moving around the lower border of the old channel, and it is difficult for me to determine whether it will rebound or re-enter the channel. I noticed the other day that the blue line, which can hardly be considered a...
Welcome to my usdjpy analysis: I believe we shouldn't rush to conclude the current market movement in USD/JPY. I think it's better to wait for the Central Bank of Japan's rate decision, as it will likely trigger a strong movement. I notice that...
The USD/JPY currency pair exhibited renewed buying interest around the 50-day Simple Moving Average (SMA) at 154.70, gradually recovering towards the crucial resistance level of 156.65 ahead of the Bank of Japan's interest rate decision on Friday....
The EUR/JPY H1 chart illustrates a predominantly bullish trend, with the price consistently forming higher highs and higher lows. The movement is supported by the divergence of the moving averages, which indicate a strong upward momentum. The...
Gold prices experienced a slight dip on Thursday, reaching a daily low of $2,735 amidst a rise in US Treasury yields. Economic data from the US indicated a potential slowdown in the labor market, while market participants continued to assess recent...
