EUR/JPY has been struggling to maintain upward momentum, with several key technical indicators signaling a potential downside movement of 103 to 151 pips. The pivotal resistance level to watch is 157.07, which currently prevents any meaningful...
The Japanese Yen (JPY) continues to face downward pressure against the US Dollar (USD) during the early European session on Friday, influenced by cautious remarks from the International Monetary Fund (IMF). From a technical standpoint, the USD/JPY...
EUR/NZD has been exhibiting clear signs of bearish pressure, with projected declines ranging from 80 to 117 pips. The key pivot point is set at 1.8310, and as long as the price remains below this level, the downside scenario is expected to prevail....
GBP/USD Price Action – February 9, 2025 The British Pound (GBP) to U.S. Dollar (USD) exchange rate has shown mixed movements in recent days, with slight bearish pressure. As of February 9, 2025, GBP/USD stands at 1.2403, down from 1.2435 on February...
The US Dollar (USD) gained further momentum on Friday following the release of weaker-than-expected US employment data for January, pushing EUR/USD toward fresh lows near the 1.0350 level. The Relative Strength Index (RSI) on the 4-hour chart...
