Analysis

Analysis of various instruments and fundamentals in the currency exchange market.

USD/JPY analysis for July 21, 2017

Recently, the USD/JPY pair has been trading downwards. As I expected, the price tested the level of 111.26. According to the 4H time frame, the price is still making lower highs and lower lows, which is a sign that sellers are in control. Strong breako…

EUR/USD analysis for July 21, 2017

Recently, the EUR/USD pair has been trading upwards. As I expected, the price tested the level of 1.1676. According to the 15M time frame, I found broken yesterday’s high and a successful re-test, which is a sign that selling looks risky. My advice is …