EURJPY H1 The pair bounced off the resistance at 161.411 here, corrected to the support at 158.347. Then buyer limit orders were triggered and I assumed that it would update the previous maximum and go further up. As a result, there was growth, then...
General Points about AUDUSD: We can see that the AUD/USD market is currently trading around the 0.6256 level, showing signs of potential upward movement in the coming days. The price action indicates that the pair is gaining strength, and buyers are...
The USD/JPY pair has surged toward the 154.00 level during Wednesday’s European session, marking its third consecutive day of gains. This upward momentum is primarily driven by the persistent weakness in the Japanese Yen (JPY), despite growing...
The US dollar is trying to set up a demonstration against the Japanese Yen, but for now, its progress seems confined near the 200 -day exponential mobile (EMA). This key technical indicator is currently acting as a magnet, keeping the torque in a...
With the Swiss Franc (CHF) exception, the GBP showed strength compared to its key counterparts on Wednesday. Nevertheless, the British economy's future remains unclear, as Catherine Mann, a member of the Bank of England's (BoE) Monetary Policy...
