The EURJPY market has been in a downtrend, mainly due to a series of negative events related to the euro. These events have significantly weakened the euro, contributing to the downward pressure on the EURJPY pair. A key aspect of this move was the...
The GBP/JPY market is now in favor of the buyers. Because yesterday it crossed the 191.00 area and the buyers seem optimistic. So I expect the next target for this market to be 192.55.Keep in mind that prudent account management is another essential...
The EUR/GBP exchange rate rose on Friday, approaching the 0.8300 level after recovering from a two-year low of 0.8225 earlier in the week. The increase in the euro's value comes after the publication of disappointing economic data from the United...
Technical analysis of USDJPY Today I chose USD/JPY for technical analysis. Currently, market prices are falling. The support level of the market is 151.95 and the resistance level is 153.75. Now, the market price range is between 153.75 resistance...
Business Analysis and Advice on Japanese Yen Trading A test of the 152.82 price level occurred when the MACD indicator moved well below the zero level, limiting the pair's downside potential. For this reason I did not sell the dollar. Following the...
