The foreign exchange market saw a surprising turn of events on Friday during the European session. The GBP/JPY currency pair defied expectations by surging past the key psychological support level of 200.00, reaching a new multi-year high of...
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I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
U.S. dollar rose sharply against the Japanese yen on Monday morning as we now threaten the 158 yen again. Frankly, this is the part of the market you don’t like to short. At least you don’t have to because although we get withdrawals from time to...
USD/JPY ANALYSIS. I'm presently evaluating the powerful valuing conduct of the USD/JPY money pair. USDJPY on the H4 graph is ready to proceed with its vertical direction. The cost stays over the upper limit of the Ichimoku Cloud pointer,...