Market Analysis: US Dollar/Japanese Yen Pair Recent Price Movements The US dollar/Japanese yen pair has recently broken above a significant resistance level at 150.72, reaching an intermediate level of 151.30. However, sellers quickly regained...
The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
EUR/JPY As of today, EUR/JPY is trading around 160.17, showing a 0.34% increase. The pair has been holding onto bullish momentum, but there are some key technical and fundamental factors to keep an eye on. Technical Analysis: From a technical...
USD/JPY The USD/JPY pair has been showing strength recently, fueled by a bullish USD and Japan’s ongoing dovish stance on monetary policy. Technical Analysis: I’ve noticed that the pair has broken above the key 135.00 resistance level, which could...
GBPUSD TECHNICAL ANALYSIS Judging from the graph above, it can be seen that the GBPUSD price has been below its daily pivot level since this morning, where tonight the price was observed to have failed to penetrate its daily support area, so it is...
