The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
GBP-JPY PAIR REVIEW The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data release were higher than the market...
EUR/USD Price Action Alert Our conversation revolves around EUR/USD's current pricing behavior, which we're analysing. The EUR/USD H4 chart reveals significant price movement in recent sessions. After testing lower levels near 1.02420, the pair has...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning. Taking a look at this chart below, it is noticeable that USD/JPY is trading around the moving average line MA (20) at 148.85. According to my chart observations, the market is in an...
The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) due to renewed concerns regarding trade tensions between the US and China. Despite positive domestic economic data, the AUD/USD pair struggled to maintain its...
