The recent price movement suggests that the pair is trading within a defined range, with minor bullish and bearish phases alternating. However, the overall trend appears to be slightly bearish, as evidenced by the formation of lower highs and lower...
General Points about USDJPY: The USD/JPY market is currently moving with a bullish trend, showing strong potential for continued upward movement. This trend could lead to a possible break above the 159.77 level in the coming days, which would signal...
General Points about EURUSD: Last few days, market sentiment suggests that the EUR/USD pair could move above the 1.0375 level. Upcoming news events from the U.S. and the Eurozone will play a significant role in shaping the market's direction. Key...
EUR/JPY H4 Time Frame Analysis Forex trading charts are essential tools for understanding market trends and price movements. In this analysis, we will explore the EUR/JPY currency pair on the H4 time frame, utilizing trend lines, moving averages,...
USD/JPY Price Movement Update The penetration of H-1 support at 157.15 made the decline of USDJPY even deeper because at that time the candle immediately moved to a price of 155.05. However, after that, the movement of USDJPY rose again because the...