The GBPJPY chart on the 4-hour chart shows a steady uptrend with the price approaching the upper level of the Donchian channel. This suggests that the price may be able to break above this level again, with the main target around 193.85, which is...
Market Analysis As the U.S. Labor Department reported initial jobless claims rose to 224,000 for the week ending November 30 from 215,000 the week before, the U.S. dollar (USD) faced bearish pressure on Thursday, helping EUR/USD rise. Investors will...
USD / JPY: Today's Trading Road Map The price might again bounce up and hit the 151.61 level later. However, the United States news data is not helpful for the bulls of USDJPY. Thus, the price expected follows a dropping scenario today. It might...
USD/JPY Analysis USD/JPY traded lower yesterday and ended the day lower, trading near 150.05. Today, the pair remained near yesterday's close, trading in a tight range from 149.75 to 25. USD/JPY continues to trade below the MA (200) H1 (150.85)...
CHF/JPY Market Outlook Greetings and Good Morning to everyone! The CHF/JPY market is showing signs of potential volatility, with a sharp drop likely to occur later due to weaker-than-expected Swiss CPI data this week. This development underscores...