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...
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 remains under pressure, trading near 0.5580 during the Asian session on Thursday. The possibility of an interest rate cut by the Reserve Bank of New Zealand next week, coupled with rising geopolitical tensions, continues to weigh...
The NZD/USD pair is currently exhibiting a bearish trend on the H1 timeframe. The price has been making lower highs and lower lows, which are hallmark characteristics of a downtrend. Recently, the price touched a low near 0.5590 before bouncing back...
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...
