The currency pair continued its downward trajectory on Monday, touching 0.5580 — its lowest level since August. Despite a minor rebound, the pair remains under pressure as technical indicators signal the likelihood of further drawbacks. As of this...
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The EUR/JPY currency pair encountered resistance near the 162.00 level during the early European trading session on Friday. This resistance level proved significant, coinciding with the 38.2% Fibonacci retracement of the 175.37 to 154.40 price move...
The USD/JPY currency pair maintained its negative bias during the European session on Monday, trading near multi-month highs. This bearish trend for the Japanese Yen (JPY) can be attributed to several key factors. Firstly, uncertainty surrounding...
The GBP/JPY currency pair exhibited a degree of resilience on Sunday, trading above 194.46 despite a lack of significant market-moving events. This followed a period of consolidation after a notable decline in mid-November, when the pair reached its...
