The EUR/JPY currency pair has been under significant bearish pressure, with technical indicators aligning to suggest a potential decline of 103 to 151 pips. The critical level in this setup is 157.07, which currently acts as a strong resistance...
EUR/NZD is currently in a well-defined downtrend, with a projected decline of 80 to 117 pips, provided that the resistance at 1.8310 remains intact. This level serves as a crucial pivot point, dictating the short-term direction of the pair. If the...
The Japanese Yen (JPY) continues to face downward pressure against the US Dollar (USD) during the early European session on Friday, influenced by cautious remarks from the International Monetary Fund (IMF). From a technical standpoint, the USD/JPY...
EUR/JPY has been struggling to maintain upward momentum, with several key technical indicators signaling a potential downside movement of 103 to 151 pips. The pivotal resistance level to watch is 157.07, which currently prevents any meaningful...
The US Dollar (USD) gained further momentum on Friday following the release of weaker-than-expected US employment data for January, pushing EUR/USD toward fresh lows near the 1.0350 level. The Relative Strength Index (RSI) on the 4-hour chart...
