USD/JPY Technical Analysis and Market Sentiment The USD/JPY market is currently in an uptrend, and the price is trading around 156.345. The hourly chart shows the market is approaching the key resistance level 156.500. Successfully breaking this...
USD/JPY Technical Analysis The USD/JPY currency pair has recently been on a downward trajectory characterized by lower lows in one 1-hour. This pattern indicates a bearish market structure. The pair trades below the 200-day Simple Moving Average...
EUR/JPY Trading Analysis Update Friday, January 17, 2025 This afternoon I will also try to analyze the EUR/JPY currency pair using the H4 timeframe, it can be seen that the current price is below the Moving Average Indicator period 21 and also the...
The chart depicts the EUR/USD currency pair on the H1 timeframe, illustrating its price action over a significant period. From a technical perspective, the movements in the chart suggest a predominantly bearish trend, interspersed with brief...
EUR/JPY Price Forecast ECB Governor Nagel commented a little earlier that the central bank should not rush rate cuts, echoing Holzmann’s remark earlier this week. Nagel said that inflation was still elevated and uncertainty was high. Eurozone CPI...
