USD/JPY is slightly lower on Thursday. It continues to move slightly below the key 158 level. Momentum indicators are showing signs of weakness. USD/JPY is trading slightly lower again on Thursday, building a good distance from the key 158 area. The...
The currency pair registers modest gains, trading around 0.9080 during Thursday’s early European session. The Greenback continues to find support from expectations of higher-for-longer US interest rates, despite declining trading volumes as the...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 143.80, and it seems to be holding steady. I’m keeping an eye on 143.50 and 142.80 as key support levels, while 144.20 and 145.00 look like the main resistance points. Looking at the...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
The spot price trades lower around 161.70 during the early session today, reversing gains from the previous day. The price faced renewed pressure as traders increasingly believed that the Bank of Japan. At the time of the latest update, the price...
