USDJPY MARKET ANALYSIS On Friday (June 14), USD/JPY rose 0.17% to 157.29 in late trading. Earlier, it reached 158.26, the highest since April 29. Last Friday, the Bank of Japan decided to keep interest rates unchanged at the interest rate meeting,...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...
The price test of 157.55 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell the dollar. As a result, the USD/JPY pair was down 50 pips. Last week's data and the Bank...
Euro analysis: EUR/USD, EUR/GBP, EUR/CHF UK data is in the spotlight again this week, with headline and core inflation expected to expand further on the progress made in April, but the Bank of England (BoE) remains highly focused on services...