USD/JPY Price Analysis: Technical outlook An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%. Price rises post-pandemic have been driven mostly by cost-push factors, such as...
Good afternoon Kresek, if you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average zone. If there is a...
The EUR/JPY currency pair experienced a pullback on Wednesday, trading around the 159.00 level in the Asian session, after gains in the previous session. This decline is primarily attributed to the strengthening of the Japanese yen, fueled by...
The EUR/GBP cross has exhibited a consistent upward trend for the past three days, following a surge during the Asian trading session. This upward movement is underpinned by fundamental factors that appear to favor further depreciation of the euro...
USD/CAD Technical Analysis This week, I did not secure any profits—only in theory. In reality, I am currently sitting in a drawdown on the pound. However, bears may take control and push the price downward, potentially closing the week positively....
