USD/JPY Technical Analysis and Forecast Basic Overview The USD/JPY market continues to rise, as seen from the price action on the hourly chart. Following today's key data release, the market trades above critical support level 150.0. The biggest...
As we can see, the mood for fixing longs is already in full swing here. Therefore, until this mood changes and the accumulation of positions resumes, the pair will continue to roll back downwards. Well, as usual, we continue to watch the...
EURUSD PAIR ANALYSIS Now, I will discuss the EURUSD pair. The EUR/USD pair, one of the most traded currency pairs in the forex market, is currently hovering around key support and resistance levels, influencing short-term and long-term price action....
The Japanese Yen (JPY) is currently trading in negative territory, despite expectations of higher employee pay and potential interest rate hikes from the Bank of Japan (BoJ). The upcoming Shunto pay negotiations in Japan are expected to result in...
GBPJPY Market Analysis: Current Bullish Influence and Potential Bearish Correction Current Market Overview As of now, the GBPJPY currency pair is experiencing a significant bullish influence, with the current price standing at 189.593. This upward...