The GBP/JPY currency pair staged a recovery on Tuesday, rebounding to around the 193.00 level during the European session after earlier losses. This rebound was fueled by improved investor sentiment following the US decision to postpone planned...
The EUR/JPY currency pair experienced a pullback on Wednesday, trading around the 159.00 level in the Asian session, after gains in the previous session. This decline is primarily attributed to the strengthening of the Japanese yen, fueled by...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is currently positioned between the 0.9107 resistance level and the 0.9007 support level. We will find the next support at 0.8912 as the market price breaks...
Good Morning and Market Insights Hello, everyone. I hope you’re all doing well. The EUR/JPY pair closed yesterday’s trading session at 154.50, forming a bearish black candlestick. The current price level following the daily decline is near the upper...
USD/JPY Price Analysis: Technical outlook An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%. Price rises post-pandemic have been driven mostly by cost-push factors, such as...
