The EUR/JPY currency pair has shown a notable recovery, rebounding from losses incurred earlier in the week and climbing above the key 160.00 level. This upward movement is supported by the long-term ascending trend line, which appears to be acting...
NZD/JPY on the H1 timeframe is showing a recovery after a recent downtrend, currently trading around 87.16. The price found strong support at 86.50, where it rebounded upwards, signaling a possible shift in momentum. Bollinger Bands indicate some...
THE CURRENCY PAIR GBP-JPY I can say that for me nothing has changed on GBP/JPY, and as before, the cross itself does not look like itself and, accordingly, does not look attractive and interesting for trading. Moreover, I repeat, it does not look...
The USD/JPY pair has surged sharply above the 155.00 level during Tuesday’s North American trading session, driven by a combination of risk-on market sentiment and a weakening demand for the Japanese Yen (JPY) as a safe-haven asset. The US Dollar...
The NZD/USD pair exhibited a notable upward movement on Tuesday, climbing 0.39% to settle at 0.5650, a level that marks a decisive break above the 20-day Simple Moving Average (SMA). This breakout is significant as it signals a potential shift in...