The EUR/JPY H4 chart reflects the recent price action aligning with the fundamental and technical outlook you provided. The pair has been in a downward trajectory, currently testing key support levels near 155.90, which coincides with the...
Your observation about sellers testing the support zone for the third time is crucial, as multiple rejections from this area indicate its significance. Currently, USD/CHF is hovering around 0.8968, and if sellers manage to break and hold below...
Market Fundamentals: Most European Central Bank (ECB) policymakers support maintaining a steady pace of policy easing, given the growing risks to the Eurozone economy. Recent economic data has reinforced concerns about a slowdown, validating the...
Market Fundamentals: The Eurozone's Q3 Negotiated Wage Rates data showed a significant increase, rising to 5.42% from the previous quarter's downwardly revised 3.54%. As a key indicator of wage growth and consumer spending potential, this data...
USDJPY currency pair - the week is ending. Let’s consider the chart of the D1 period. The wave structure still has an ascending character of construction, because there was no update of the bottom of the previous wave. But the MACD indicator is...
