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What happened this week in the EUR / USD and USD / JPY pairs

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@junior182
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Today Saturday there are no movements of assets, days of rest for traders who do not operate in OTC. The EUR / USD pair opens the week by opening its price at 1,212, closing that same day with 1,210, thus forming a red candle, with large wicks where its high point was 1,216 and the lowest reaching 1,207. But in the one-hour timeframe, it can be seen that the trend was lateralized throughout the week, it always remained in a range between 1,216, and it was Monday that it touched that price and the lowest of the week was 1,205. There was little movement in this asset, we will have to wait for the day that this channel breaks and shows a new trend.

EUR / USD chart time 1H

The USD / JPY pair its opening price for the week was 104.02, then it closed its price at the price of 104.04 but with very, very long wicks, the maximum was 104.31 and the minimum was 103.92, thus forming a green candle , showing a lot moving on the very first day of the week.

This pair was completely different in the market compared to the EUR / USD, this market was bullish, analyzing the timing of 1H, from Monday to Thursday the price was progressively rising, being the 10th of this month when its price reached until the price of 104.58 but from there that price began to plummet rapidly, in such a short time the price fell to 103.83 being the lowest point of the whole week.

After the uptrend there was a break that was completely bearish on Friday. Very good moves this week from this asset. Here is the graph so you can see what happened this week.

USD / JPY chart time 1H

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