USD/JPY builds on the overnight bounce from a six-week low and regains 155.50 in Tuesday's Asian trading.Softer Japanese service-sector inflation data provided extra legs to the pair's recovery. Moreover, US President Donald Trump's tariff plans-led...
GBP-USD PAIR FORECAST From the market travel pattern this week, at least it is still clearly visible that the GBP-USD market pair is indeed trying to return to a bullish journey again, even if you look at what is currently happening which is still...
EUR/JPY As of today, EUR/JPY is hovering around 161.80, moving within a tight range. The key resistance stands at 163.25, while immediate support is at 161.60. The overall trend has been bullish, but I’m seeing signs of a possible bearish reversal....
EUR/JPY Daily Time Chart Analysis The EUR/JPY currency pair has been confined within a symmetrical triangle since early August, a pattern often indicative of indecision and potential volatility. This period of consolidation has witnessed price...
Currency pair EURUSD - let’s look at the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone, but is about to move upwards. This suggests...