Important points about AUDJPY: The AUDJPY market is currently closed at the 95.75 level, reflecting the strength of sellers. Recent price action shows their dominance, as the pair has faced downward pressure driven by key developments in Australian...
The USD/JPY chart reflects a period of mixed activity, with the pair moving in a broad consolidation phase after a prior sharp decline. Initially, the trend was decisively bearish, as evidenced by the downward slope of the red moving average and a...
EUR/USD Right now, EUR/USD is hovering near 1.0750, stuck in a tight range after some recent volatility. On the daily chart, it’s clear the pair is still trading below the 50-day moving average (around 1.0800), which suggests that bearish momentum...
AUD/USD Technical Overview and Fundamental Outlook for Next Week AUD/USD tested the previous low of 0.6370 last week and closed at 0.6390 on Friday. On the daily chart, the market price reached key support at 0.6365 but ended the day above it. If...
General Points about USDJPY: Major U.S. Dollar (USD) news events have not resulted in the expected strengthening of the Dollar, leaving market participants puzzled. Over the past week, key economic indicators such as Non-Farm Payrolls and the...