The AUD/USD currency pair is currently facing a critical phase on the 1-hour timeframe, as it retests the ascending trendline that it previously attempted to break but failed. That earlier failure was accompanied by the pair’s inability to form a...
Forecast of EURJPY Predicting the future movement of the EURJPY is quite challenging since, not only does the price remain in the range zone on smaller time frame charts, but it also does so on larger time frame charts. Due to this range movement, I...
USD/JPY: Simple business tips for beginners 24th April. Review yesterday's forex shops Analysis of shops and business tips for Japanese yen The level of 142.32 occurred when the MacD indicator has already moved significantly above the zero mark,...
The Tweezer Top pattern is a bearish reversal pattern that indicates a potential end to an uptrend. It's formed by two consecutive candlesticks.This is a bullish candlestick, which means the closing price is higher than the opening price. It...
Technical Analysis of USD/JPY (Daily Chart) Price Action: USDJPY recently closed at 142.37, down from the day's high of 143.46, with a low of 142.30. The pair is trading below the key resistance level of 143.46, suggesting bearish pressure. The...
