The GBP/JPY currency pair experienced renewed selling pressure after an initial rise to the 188.75 area during Tuesday's Asian trading hours, marking its second consecutive day of decline. Spot prices breached the 188.00 level and touched a...
The EUR/JPY H1 chart displays a period of prolonged consolidation with no clear directional bias over the past several weeks. Price action has been fluctuating within a relatively narrow range, mostly between 160.40 and 162.90, with frequent false...
The Japanese Yen (JPY) extends its safe-haven gains for the third consecutive session on Tuesday, supported by intensifying fears of a global economic slowdown amid renewed US-China trade tensions. Investor anxiety deepened following fresh tariff...
Based on the current market conditions, a strategic approach would be to consider a sell position on the USDJPY currency pair. The analysis spans multiple timeframes, notably the H1 (one-hour) and M15 (fifteen-minute) charts, providing a...
The foreign exchange market, or forex, is the largest and most liquid market in the world. Its high volume of daily trades creates unique opportunities for traders, but it also comes with a level of volatility that requires careful management....
