EUR/JPY Outlook Analysis On the EUR/JPY D1 time frame chart, the market continues to favor sellers as bearish momentum dominates the overall trend. Currently, the pair is under pressure, and sellers are likely to maintain control unless significant...
NZD/USD Price Forecast The NZD/USD falls sharply to near 0.6300 with a focus on US ISM Manufacturing PMI and the JOLTS Job Openings data. The US Dollar refreshes weekly high ahead of a slew of US data. China’s massive stimulus announcement has kept...
The EUR/JPY currency pair recently reached a two-week high, maintaining its position around the psychological threshold of 160.00, following a significant policy decision by the Bank of Japan (BOJ) last Friday. Although spot rates experienced a...
Weekly Time Frame Chart Outlook: As can be seen from the weekly time frame chart, the GBP/USD tested the overbought level last week and made contact with the resistance level of 1.3440. Even said, the RSI indicator, with a value of 70 and an...
The GBP/USD pair is struggling to gain ground near 1.3370 early on Tuesday. Federal Reserve Chair Jerome Powell's dovish remarks provided some support to the greenback and dragged the major pair lower. GBP/USD remains within a rising regression...