General Points about USDJPY: An examination of recent price action reveals clear selling pressure in the USD/JPY pair. Observing the Daily Chart, one sees USD/JPY market favoring sellers. The market closed around 152.27 level, indicating seller...
As I analyze the current market situation, I can see that another working week has come to an end, and the chart reveals some critical insights. The horizontal line drawn on the chart clearly highlights the intensity of the bears' defense. I observe...
Forecast of USDJPY The USDJPY had a negative trend on the H4 time frame chart, but when the price was rising during the price correction, it even crossed the moving average lines to the upside, and it proceeded to climb higher in a few candles. Once...
Currency pair EURJPY - Chart D1. Here, the wave structure is descending. After the last wave of decline updates the minimum of the previous one, the third wave will go down. The MACD indicator is in the lower sales zone, but so far during the...
The USD/JPY daily chart showcases a strong uptrend, with prices oscillating around key support and resistance levels. The price recently tested the 152.30 region, a historically significant level that could serve as a pivotal support or resistance...
