ANALYSIS OF USD/JPY PAIR. The USD/JPY H1 chart exhibits a notable downtrend over the past several weeks, with price action consistently moving below the 200-period moving average, confirming bearish sentiment. The most significant price drop...
USDJPY currency pair - let’s consider the D1 period chart. The price sawed sideways for the main part of the last week and only at the end gave birth to some growth. The ascending wave structure can be said to be broken, at least by a couple of...
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Crude Oil Outlook The daily chart of USOIL reflects the ongoing battle between buyers and sellers, with crude oil trading around $69.29 per barrel. Recent price action has tested a key support level and is now showing signs of hesitation as buyers...
The Australian dollar experienced a modest rally against the US dollar today, but in the great scheme of things, it is unlikely that this brief rebound has a significant impact on its general career. The rally seems to be short duration, and many...
