Core Points about USDJPY: There is a strong possibility that the USDJPY market will remain in favor of buyers. Recent price action suggests that bullish momentum is building, increasing the chances of an upward movement. In the coming time, it could...
AUDUSD ANALYSIS The AUD/USD pair is trading at 0.6204, showing signs of consolidation after recent price movements. The Australian dollar remains influenced by U.S. dollar strength, commodity prices, and global risk sentiment. Traders closely...
The Australian dollar initially experienced a decrease, only to recover and show some recovery signs. However, compared to other important currencies, the Australian remains the weakest, and this relative fragility means that it often attracts less...
USDJPY Technical Analysis USDJPY is experiencing a strong downtrend, trading at 148.299 on the H1 timeframe. The price is well below the 150-period moving average (MA), confirming bearish momentum. The MA is sloping downward, signaling continuous...
USD/JPY Pair Technical Analysis!! USD/JPY is looking like someone who just got off a roller coaster—it fell sharply, tried to go up again, but eventually slipped and continued to go down. From the analysis using the Elliott Wave approach, we can see...