EUR/JPY has been exhibiting a pronounced bearish bias, with the potential for a decline ranging from 103 to 151 pips. The most significant level in this scenario is 157.07, which serves as a pivotal resistance point. As long as the price remains...
USD JPY As of February 9, 2025, the USD/JPY exchange rate stands at approximately 151.19 Japanese yen per U.S. dollar. This reflects a slight decrease from earlier in the month, where rates peaked at 155.16 JPY/USD on February 3. Over the past...
The EUR/GBP currency pair is facing persistent downward pressure, with the price action indicating a potential decline of 30 to 44 pips in the coming sessions. The market’s inability to break above the 0.8345 resistance level reinforces the...
The AUD/USD pair is experiencing a modest uptick during Friday’s European trading session but continues to face resistance near the 0.6300 level. Investors remain cautious ahead of the highly anticipated United States (US) Nonfarm Payrolls (NFP)...
Gold prices experienced a modest pullback on Friday, retreating to around $2,860 per ounce after the release of the US labor market report for January. Despite the slight decline, the precious metal remains close to its recent all-time highs,...
