The spot price has extended its losing streak to three consecutive days, though it has recently bounced off its daily and weekly lows of 1.3066, now trading at around 1.3120. The currency pair faced downward pressure following the release of US...
Strength of the Japanese Yen and Market Dynamics In the past trading week, the Japanese Yen demonstrated its strength, achieving notable highlights. After touching a resistance level of 143.53, the Yen experienced a corrective rally, dropping to...
Analysis of EUR/JPY Currency Pair Overview of Current Market Sentiment In my opinion, when the bears broke the weekly trend line successfully, the bullish energy in the market diminished, causing the currency pair to move southward. However, this...
Analysis of GBP/USD Price Changes: Understanding the Dynamics The GBP/USD currency pair, which reflects the value of the British Pound against the US Dollar, is influenced by various factors, including US job market data and geopolitical...
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