The Japanese Yen (JPY) faced intraday selling pressure on Friday, ending its two-day winning streak against the US Dollar (USD). This shift followed remarks by Bank of Japan (BoJ) Governor Kazuo Ueda, who noted that underlying inflation remains...
USD -_-JPY As of February 3, 2025, the USD/JPY currency pair is trading at approximately 155.20. Price Action and Technical Analysis: Recent analyses indicate that USD/JPY is trading in a bearish zone below the 157.00 and 156.60 levels. A connecting...
GBP USD As of February 3, 2025, the GBP/USD currency pair is experiencing notable market activity influenced by various economic factors. Current Market Overview: Recent analyses suggest a potential bearish correction for GBP/USD, with...
The EUR/ GBP currency brace continued its upward line from the former session, trading around the 0.8360 position during Friday's Asian trading hours. While the euro itself faced headwinds, the EUR/ GBP brace's strength suggests underpinning...
EURUSD currency pair - D1 period chart. The wave structure on this senior period is still building its order downwards. The MACD indicator is in the neutral zone near zeros. Since about mid-January, a expected upward correction has been working out,...