EUR-JPY PAIR REVIEW The current price movement is quite interesting, especially because it is in a critical area that has the potential to determine the direction of the next trend. Let's discuss it further with a simple but still in-depth...
The spot price has been under significant pressure in recent months, primarily due to external factors such as slowing economic growth in China, its largest trading partner, and the strengthening U.S. Dollar. China’s lackluster economic stimulus...
Broader risk sentiment continues to exert significant influence on the trajectory of the pair, as traders grapple with geopolitical uncertainties and shifting U.S. policy expectations. The fragile global market sentiment, compounded by concerns such...
The Bank of England (BoE) has taken a measured and cautious stance on monetary easing, reflecting its commitment to maintaining economic stability amidst ongoing uncertainties. Deputy Governor Clare Lombardelli recently emphasized the need for more...
The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...