T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning all forum friends who have followed my analysis. Let’s more or less sum up the results of our technical forecasts, which may be very useful tomorrow. USD/JPY is trading at 147.01 at the...
During Tuesday's European trading session, the EUR/JPY currency pair experienced a notable decline, settling around the 156.25 level. This downward movement was primarily driven by a slight strengthening of the Japanese Yen (JPY), fueled by a...
The USD/CHF H1 chart shows a strong bearish trend that has dominated the pair over the past few weeks. Starting from late February, the price climbed to test the 0.89 zone, but this level acted as a strong resistance, triggering a reversal. From...
The Bank of Canada (BoC) has officially ended its quantitative tightening program, joining Sweden’s Riksbank in implementing a rate cut. Meanwhile, other central banks, including the European Central Bank (ECB), are expected to follow suit with rate...
GBP/ USD Trend Analysis Update The price action analysis of the GBP/ USD currency pair is what we will be discussing today. The last three days, news from the US literally blew up the forex market, adding a lot of volatility. Of course, some were...