The price test of 157.55 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell the dollar. As a result, the USD/JPY pair was down 50 pips. Last week's data and the Bank...
EUR/USD Pair: The EUR/USD currency pair has shown interesting behavior in recent days. Yesterday, the pair almost managed to close the existing gap but failed. Today, there is anticipation that it will make another attempt to close this gap. If...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
USDJPY MARKET ANALYSIS On Friday (June 14), USD/JPY rose 0.17% to 157.29 in late trading. Earlier, it reached 158.26, the highest since April 29. Last Friday, the Bank of Japan decided to keep interest rates unchanged at the interest rate meeting,...
Yesterday's trading was bullish until the middle lines of the price channels were touched, which led to the price falling and closing again below the red channel. When we follow the price movement during the previous two weeks, we will find that the...