Market sentiment is also influenced by growing political uncertainty, which could delay the Bank of Japan's plans for an interest rate hike. At the same time, elevated US Treasury bond yields are exerting downward pressure on the JPY. This rise in...
USDJPY currency pair - let’s look at the D1 period chart again today. Last week, buyers tried to push the price up and they did it well. True, they dropped the price from the peaks they had reached, but then they pulled it back to them. The...
EURJPY Daily Outlook The EUR/JPY currency pair is currently at a key technical juncture. This is because the price action is facing stiff resistance in the downtrend that has dominated the long-term market movement. The chart shows that buyers have...
General Points about NZDJPY NZDJPY is currently following a bullish trend and is trading at the 86.17 level, indicating strong upward momentum in the market. There is a high probability that it will continue to follow the bullish concept, driven by...
AUD/USD AUD/USD Climbs Toward 0.6300 On Tariff Optimism and China Support The AUD/USD is surging further toward 0.6300 in Monday's Asian session. The Australian dollar receives strength from speculation about narrower US reciprocal duties, which...