The GBP/USD currency pair commenced the new week with a subdued trading range above the 1.2400 level, struggling to capitalize on the modest recovery observed on Friday. This lackluster performance comes amid a broader bearish sentiment, with the...
The EUR/USD currency pair experienced a slight decline during the Asian session on Monday, trading around 1.0300. This followed a period of modest gains in the previous session. Market participants are keenly awaiting the release of key economic...
EUR/JPY Market Analysis Good Morning to Everyone! This week, only the German Prelim CPI and other CPI rates are scheduled for release, making these key drivers for the EUR/JPY market. The German Prelim CPI, a leading indicator of inflation in...
The EURJPY pair's inability to fall below the 161.09 level is a significant sign in the current market pattern. This pattern suggests that the market may be forming a strong stabilization period. The price movement is still around the 200-day Moving...
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...