Weekly Analysis of USD/JPY Outlook Introduction As of yesterday, my expectation was for the USD/JPY currency pair to test the resistance level at 152.70. I had noted the potential for a pullback to the support level at 151.50 before a breakout above...
Silver technical analysis Silver price bounces back from the intraday low of $32.50 as market sentiment is slightly cautious on Trump’s tariff threats. US Trump confirms more Russia-Ukraine peace talks. Investors await FOMC minutes for fresh...
I have analyzed the daily chart and observed that the pair has been moving sideways recently. I notice that today’s price action is also confined within this sideways range, indicating a lack of strong directional momentum at the moment. I am...
GBP/JPY Trading Analysis Update Wednesday, February 19, 2025 The UK annual inflation data report (CPI y/y) which jumped more than expected, does not seem to make the outlook for the Pound Sterling currency strengthen against the Japanese Yen...
It seems like there is an attempt to go up and reach the level of the current local maximum at 1.05326, without a thorough breakout and consolidation behind it, nothing special will shine for buyers. The entire growth can be easily leveled, and...
