In Monday's European session, the USD/CHF pair tests the round-level resistance of 0.8700, the highest level in almost two months, and then plummets. With the US Dollar Index (DXY) down from 104.60, the Swiss Franc pair followed the US Dollar's...
General Points of GBPJPY: The 197.40 level in GBPJPY is strong evidence that sellers have been losing their position while buyers have been increasing their value. This indicates that the Tokyo CPI rate has not benefited GBPJPY sellers. This week,...
The EUR/USD currency pair currently sits around the 1.0815 level, with a noticeable bearish trend. This downturn has been gradual, reflecting cautious market sentiment amid economic data releases, central bank policies, and broader geopolitical...
EUR/JPY Market Forecast Greetings and Good Morning guys! The market of EUR/JPY reached the 164.40 zone on Friday, reflecting a robust performance amidst a backdrop of relatively subdued news related to the Japanese yen in the previous week. Despite...
The USD/JPY currency pair is currently trading around 153.90, moving within a gradually bearish trend that has caught the attention of traders expecting a major shift. Despite the recent downtrend, a significant move seems likely in the near future,...