USD/JPY OUTLOOK ANALYSIS: On the USD/JPY D1 time frame chart, the Japanese yen (JPY) has been outperforming the U.S. dollar (USD), largely due to the weakening of the latter. This recent strength in the yen has pushed the USD/JPY pair lower,...
Market Overview: Bitcoin's Rebound and Trading Strategy Greetings, everyone! A warm welcome to Interlock's Trading Journal. How are you all doing today? I hope you're enjoying profits from my recent Bitcoin analysis. As predicted, Bitcoin tested the...
The USD/CHF currency pair has exhibited a notable rangebound behavior in recent weeks, reflecting a tug-of-war between buyers and sellers. Despite a generally positive outlook for the U.S. dollar, the pair has struggled to break free from its...
EURUSD Friday's day on our EURUSD currency pair closed with a bearish candle. The four-hour chart shows that the price flew out of the upper channel border, setting a maximum at 1.1215. After that, the upward trend changed to a downward one and the...
The USD/JPY currency pair has been navigating a complex landscape, characterized by key technical levels that traders are closely monitoring. As of now, the pair faces immediate resistance at the 50-day Exponential Moving Average (EMA), which is...