Business Analysis and Advice on Japanese Yen Trading A test of the 152.82 price level occurred when the MACD indicator moved well below the zero level, limiting the pair's downside potential. For this reason I did not sell the dollar. Following the...
The currency pair opened the week with a sharp decline, extending a two-day losing streak before finding support around the key psychological level of 1.0450. On Friday, however, the pair saw a slight recovery, rising to 1.0525 as buyers stepped in....
The EURJPY market has been in a downtrend, mainly due to a series of negative events related to the euro. These events have significantly weakened the euro, contributing to the downward pressure on the EURJPY pair. A key aspect of this move was the...
Technical analysis of USDJPY Today I chose USD/JPY for technical analysis. Currently, market prices are falling. The support level of the market is 151.95 and the resistance level is 153.75. Now, the market price range is between 153.75 resistance...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. At the moment the market price is falling, which helps the price fall, maybe now that trend has been broken and the market price has started to rise. The market price has...
