Technical Analysis of USD/JPY The Japanese yen continued to strengthen last trading week, reaching the local range again. Having reached the 143.53 barrier, the price recovered and continued to decline, reaching 140.80 at some point, from where it...
Fundamentals of the EUR/USD: The recent JOLTS report indicated a decline in job openings, which has significant implications for the labor market and the broader economy. With job vacancies at 7.673 million, the figure not only missed forecasts but...
The NZD/USD 4-hour chart shows an interesting price action as the pair encounters resistance near the 0.63000 level after a recent rally. The fair value gap (FVG) near this area suggests that liquidity imbalances attracted sellers, leading to a...
In this report, we will closely examine the USD/JPY currency pair using the daily (D1) chart. The wave structure currently suggests a downward trend is forming. The MACD indicator is in the lower selling zone but has recently crossed above its...
GBP/USD Market Movements Today, we'll analyze the price movements of the GBP/USD currency pair. The currency pair maintains its strong upward medium-term trend, which I will explore again using the H4 time frame. Utilizing the Price Action method,...