Good day, everyone! The downward slope of the linear regression channel indicates the strength of the sellers, who are aiming for the 2313.63 level. Movement is likely to slow down at this target level. Due to the weakening caused by the current...
USD/JPY D1 ANALYSIS. Prices for the USD/JPY currency pair change. A sustained decline could be sparked by a false breakout at 157.71. Assuming the cost drops from the 157.71 territory, the center movements to arriving at the 155.31 territory. A...
Yesterday, the EUR/USD saw a minor pullback southward before reversing and confidently pushing north, forming a full bullish candle. This candle, with its northern shadow, managed to update the high of the previous daily range. I believe that the...
The British Pound (GBP) weakened against the US Dollar (USD) last Friday, with the GBP/USD pair dropping to around 1.2660. This decline coincided with a rise in the US Dollar Index (DXY), which measures the strength of the USD against a basket of...
USDJPY ANALYSIS 02 JUNE 2024 The USDJPY pair is trading in attempts to develop a bullish direction. But, while there is no good shot, it is too early to talk about medium-term purchases. This scenario is confirmed by the Trend line, which lies at...