The price remains under pressure, facing an aggressive response to every attempt to resume growth. This is likely due to the ongoing correction, which currently appears to be forming a double zigzag pattern. At the...

Sellers have managed to fully retrace the previous sharp price surge, confirming earlier assumptions about a further impulsive decline. Buyers now appear weakened, giving the Japanese yen an opportunity to strengthen slightly. There is a...

The price of the pair failed to continue its upward movement and has started a slow pullback. Presumably, this is due to the fact that wave 3 has already been completed, meaning the current retracement...

The price is beginning to develop a corrective structure. This was expected, and such a scenario had been anticipated earlier. This is due to the fact that a downward impulse, presumably wave 1, had formed...

During the past trading day, the situation with the observed currency pair has remained practically unchanged. The price stayed within the boundaries of a small correction, likely forming wave 2 in the emerging downward impulse....