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USD JPY technical analysis: Bullish for now, seeking a short soon!

USD JPY technical analysis: Bullish for now, seeking a short soon!

USDJPY technical analysis: Looking at the phases of the market cycle using bull and bear channels

Bull channels are price trends with higher highs and higher lows. In a bull market, prices bounce off the lower trendline and rise toward the higher trendline. In times of economic development and investor confidence, financial assets are in high demand and market sentiment is favorable.

A bear channel is a price trend with lower lows and highs. Prices decline from the top trendline... Read More

Posted: Feb 12 2023, 11:56
Author Name: forexlive
Views: 082343

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