Aight, let's take a closer look at the EUR/JPY currency pair, my dude. Recently, this bad boy has been showing some serious signs that a continued downward trend might be on the horizon. In the past trading sessions, the pair has consistently been...
GBP/USD Future Trends and Forecasts The foreign exchange market is stuck in neutral today, mirroring the lack of any significant economic data releases. This subdued environment makes it incredibly challenging to find profitable trading...
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...
In Wednesday’s EU session, the EUR/USD pair exhibited notable weakness, flirting with immediate support at 1.0683. This bearish shift in the Euro was precipitated by an unexpected political upheaval in France. President Emmanuel Macron's...