On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
CAD/JPY Trading Analysis Update Tuesday, January 28, 2025 The volatility of the CADJPY pair price today seems to be moving up after experiencing an impulsive decline in yesterday's trading. It is possible that the outlook for the Japanese Yen...
The Australian Dollar (AUD) weakened against the US Dollar (USD) for the second consecutive day on Tuesday, primarily driven by escalating trade tensions. The imposition of US tariffs on Mexico and Canada, coupled with planned tariffs on various...
The NZD/USD currency pair is currently trading at 0.5667, with the Relative Strength Index (RSI) slightly below the 70 level, indicating that the market is exiting the overbought zone but still retains bullish momentum. The price has recently broken...
Technical analysis of EURJPY Today I chose EUR/JPY for technical analysis; the market is currently falling, helping the price of the cold line fall. Prices are declining due to this reduced train line. After finding support at 161.40, the market...
