Technical analysis of the EURJPY pair The technical analysis of the pair on the 4-hour chart shows the formation of a price peak and the possibility of a decline for correction. This week, the price started trading within the descending price...
General Points about EURUSD: We can see that the EUR/USD market is currently trading at the 1.0435 level, showing signs of potential upward movement. Despite recent developments, such as Fed Chair Powell’s speech and the U.S. CPI rate release, the...
The Japanese Yen (JPY) strengthened against the US Dollar (USD) on Thursday, as the USD/JPY currency pair retreated below the 154.00 level ahead of the European trading session. This JPY appreciation coincides with renewed selling pressure on the...
The Australian Dollar (AUD) is making gains against the US Dollar on Thursday, driven by a rise in Australia's Consumer Inflation Expectations, which climbed to 4.6% in February from 4.0% previously. However, the broader risk sentiment remains...
The EUR/GBP currency pair has recently shown signs of potential upward movement, rebounding from the 0.8290 support level and currently trading within the range defined by the 20-day and 50-day Simple Moving Averages (SMAs). While the pair remains...
