The future direction of the currency pair hinges significantly on key economic indicators and central bank policies, particularly those from the US Federal Reserve. Investors are eagerly awaiting the release of the US Consumer Price Index (CPI), a...
A mix of key technical levels, upcoming economic data releases, and central bank policies will drive much of the market's movement. Given the ongoing uncertainty, the risk of sudden price swings is high, especially if there are surprises from...
EUR/JPY Technical Analysis Good evening. The EUR/JPY was bearish last week because. Looking at the 4H chart price trend downward well below the 14-period simple moving average trend line and again looking at the last 6th 4H candle of last week which...
The USD/JPY currency pair continues to maintain strong upward momentum, driven by a combination of robust U.S. economic data and ongoing uncertainties surrounding Japan’s monetary policy. While traders are likely to adopt a cautious approach in the...