The USD/JPY currency pair is at an interesting juncture as it tries to regain its upward momentum. Recently, the pair faced significant resistance at the 155.76 level. Despite the efforts of bulls, the candlestick was unable to break through this...
during the early Asian trading hours on Thursday. The modest recovery of the US dollar (USD) might be limited amid reduced bets on the US Federal Reserve's (Fed) rate cut this year. On Wednesday, the Canadian dollar (CAD) was trading thinly,...
Given last week's better-than-expected data, the market anticipates a possible interest rate hike as early as next month, which could strengthen the pound across the board. On the daily chart, the GBP/USD pair broke the short-term moving average and...
Overview of trading and tips on USD/JPY The price test of 161.15 in the second half of the day occurred when the MACD indicator started to rise from the zero mark, which confirmed the correct entry point to buy the dollar during the ongoing bull...
Sellers continue to dominate the market on the Krabby evolution seen in the past four weeks, exemplifying the strong influence of the merchant and the likelihood of continuation. There's been no significant pushback from buyers. The price is still...