EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...
USD/JPY CURRENCY PAIR ANALYSIS: The price initially declined from the 157.60 support level but subsequently bounced back, indicating a brief recovery. However, despite this rebound, the price appears to be stalling and is now testing the critical...
The British Pound is currently licking its wounds after the Bank of England's (BoE) decision to hold rates sent it tumbling to a one-month low. GBP/USD is hovering around 1.2600, potentially setting the stage for a further decline. The BoE's dovish...
The US dollar is on a roll against the Japanese yen, nearing the level that triggered intervention by Japanese authorities just a couple months ago. This climb comes despite weak US housing data, as a preliminary economic indicator pointed to...