USDJPY analysis Weekly Timeframe Analysis (W1) On the weekly chart, USDJPY is currently trading around 151.42, showing a strong bearish sentiment. The price recently faced resistance near 156.30 and has since retraced sharply. The key support level...
The current market conditions for USD/JPY suggest a clear downside bias, with technical indicators overwhelmingly supporting a bearish outlook. One of the primary signals reinforcing this bearish sentiment is the Relative Strength Index (RSI), which...
The GBP/JPY pair witnessed significant volatility during Friday’s trading session, reflecting a mix of technical and fundamental drivers. After dropping to a four-month low near 188.00, the pair rebounded sharply, climbing to around 189.50 during...
The downward trajectory of the NZD/USD pair reflects a confluence of technical weakness and broader macroeconomic forces, with price action indicating that further declines could be imminent. The 0.5679 resistance level continues to hold firm,...
Bitcoin experienced a turbulent week, marked by sharp price swings driven by macroeconomic developments and market sentiment. The week began with a significant correction, as BTC dropped to a low of $91,231This decline was primarily triggered by the...
