USD/JPY Price Analysis: All Eyes on Japan The yen depreciated to around 161.75 against the dollar, just below a 38-year low, as the dollar strengthened after Federal Reserve Chairman Powell reiterated that the Fed was cautious in confirming rate...
Essential USD/CAD Market Analysis The USD/CAD pair experienced a significant southward push yesterday, resulting in a full bearish candlestick that decisively broke out of the developing downward accumulation zone. While I don't currently see any...
Navigating the Crude Oil Price Move The Crude Oil price behavior analysis is a matter for discussion. Today, the price exited the ascending channel and moved downwards. If this downward movement continues, it could decline to 80.32. The price is...
USD-CHF M30 ANALYSIS CHART Based on the LRMA BB indicator, I have determined the upper and lower boundaries for the USDCHF currency pair; they are 0.89914 and 0.89817, respectively. In addition, the indicator also points to the central component,...
The price of the AUD/USD currency pair has shown a strong upward trend, culminating in the formation of a full bullish candle. This bullish candle is a significant indicator of market sentiment, as it represents a period during which buyers were in...