The Japanese yen's recent week of weakness is likely due to 'political appeasement' The current top of the JPY Implied Volatility Index has reached an overloaded state, indicating a potential pause in USD/JPY's recent rally. A break of intermediate...
What Is a Double Top? The double top pattern indicates a bearish reversal and warns traders about a possible trend reversal down at the top. This pattern is often found in the Forex market, as well as in the cryptocurrency, stock, and commodity...
The pair has halted its 11-day rally, now trading around the 1.3590 level during Friday's US session. The price found support from improved market sentiment, fueled by a stronger-than-expected recovery in US Retail Sales, which eased fears of a...
Ethereum (ETH) is experiencing a slight boost in value on Friday as issuers move forward with their final spot ETH exchange-traded fund (ETF) S-1 filings with the U.S. Securities Exchange Commission (SEC). This development marks a significant...
GBP-JPY H1 Time Frame Analysis Fundamental Analysis Today, upon observing the GBP-JPY currency pair, it seems that the price is attempting to rise towards the level of 190.505. This increase can be attributed to observed weakness in the Japanese...