Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. The market is falling, causing the price to drop near the 152.96 support. The market price has broken the support level several times and has yet to break the resistance at...
The EUR/GBP cross has exhibited a consistent upward trend for the past three days, following a surge during the Asian trading session. This upward movement is underpinned by fundamental factors that appear to favor further depreciation of the euro...
GBP/JPY Trading Analysis Update Wednesday, February 5, 2025 The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data...
Technical Analysis AUD/USD D-1 Chart Technical Analysis From a technical perspective, caution is advised. AUD/USD’s key support is at 0.6087, the lowest level in 2025, a break below which could push the pair towards the psychological 0.6000 level....
The EUR/USD pair fluctuates close to the weekly peak set earlier this Wednesday, and we cannot build on this week's strong rebound from the 1.0200 area or the lowest level since January 13. Due to conflicting fundamental signals, spot prices are...
