The GBP/JPY currency pair is currently trading at 145.11, reflecting a bearish trend. Despite the slow market movement recently, there are several reasons to anticipate a significant shift in the coming days. ### Technical Analysis **Support and...
EUR-JPY PAIR REVIEW Since the opening of the market this morning in the Asian session, sellers have dominated the market. Eurjpy itself opened this morning at a price of 159.85, without any significant resistance from buyers, the price slowly moved...
In the H4 time frame (TF), recent market action has shown a significant price movement. At the start of this week’s session, the price surged past last year’s highest level of 1.3895, briefly peaking at 1.3945 before reversing. The current price is...
Technical Analysis of Foreign Exchange Dollar/Yen The Japanese yen continued its sharp gains, jumping to 141.68 yen per dollar, its highest since early January 2024, amid bets that the Bank of Japan will raise interest rates further in the coming...
The pair is demonstrating impressive resilience, marking its third consecutive day of gains. As of Tuesday’s Asian trading hours, the pair is hovering around the 1.0910 level. This bullish momentum is evident from the daily chart, which shows the...