USD/JPY Technical and Fundamental Analysis Technical Analysis USD/JPY is currently in a downtrend on the H1 timeframe, with the price facing strong resistance at 148,300. The market has attempted to break this level but failed, suggesting that...
Effective use of trailing stops requires consideration of current market conditions. In volatile markets, traders might opt for a wider trailing distance to avoid being stopped out by normal price fluctuations. Conversely, in more stable markets, a...
The EUR/JPY currency pair experienced a sustained upward trajectory, marking its second consecutive day of gains and trading around the 161.60 level during Wednesday's Asian trading hours. This bullish momentum was primarily fueled by a weakening...
ANALYSIS OF NZD/USD PAIR. The NZD/USD 4-hour chart illustrates a strong historical downtrend, with the price consistently making lower highs and lower lows. The decline is evident from late September, with the 200-period moving average acting as...
Technical Evaluation of EURJPY Today, I focus on EUR/JPY for my technical evaluation. The current market price is increasing, creating a rising channel. If the market price breaks this channel, it significantly supports further price growth. Should...
