The Australian dollar strengthened slightly on Thursday. AUD/USD rose 0.16% during the European session and was trading at 0.6684 at the time of writing. Australian inflation expectations fall to 4.4% Australian consumer inflation expectations fell...
Technical analysis USD/JPY M-5 Hello my intraday analysis of USDJPY pair on M5 time frame. On my chart, there is nothing but a relative oddity index, the period I use is fourteen, the standard value. I hope that such a simple set of indicators...
Technical Analysis of USD/JPY The Japanese yen continued to strengthen during the past trading week and managed to moderately update its previous highs. After reaching the barrier of 147.45, the price began to decline sharply, reaching 141.88 at...
The pair experienced a notable decline during Thursday's North American session, sliding beneath the critical support level of 1.1001. This downward movement is driven by a confluence of factors, including a sharp rise in the US Dollar (USD) and a...
In my morning forecast, I highlighted the 1.1004 level and planned to make trading decisions based on it. Let's review the 5-minute chart to analyze the developments. A decline followed by a false breakout at this level led to a buying opportunity,...