Analytics

daily schedule : Bolinger’s upper envelope has not yet been broken, which indicates the possibility of returning quotes to the middle lane (1.0628).

Four -hour USD/JPY schedule. The currency couple tested the intermediate level of resistance (2/8) and resumed the movement down. The price reached the first goal at the main level of support, but so far the price is held below the line of the four -hour super -trend, so the descending vector of movement remains a priority.

The situation on the pair in question is currently very similar to the one that is currently observed by the EUR/USD pair.

after a fairly successful growth wave, the dollar began to give up positions again. The observed decrease is allegedly correctional and is the second wave of a nascent rising impulse.

The assumption about the further decrease in the pair was erroneous. Immediately after updating the local minimum, the price quickly took off, instantly approaching previously established maximums.