EURJPY EURJPY outlook: The EURJPY pair continues to be influenced by the contrasting economic and monetary policies of the Eurozone and Japan. The European Central Bank (ECB) has raised interest rates to combat inflation, while the Bank of Japan...
USDJPY H4 Forecast USD/JPY is trading near its weekly high, hovering between the 200-day EMA at 152.20 and key support at 151.50. The pair remains under pressure after falling below 154.30, and technical indicators continue to point to downside...
# AUD/USD The market responded with a slight weakness to the Australian dollar, after the Reserve Bank of Australia cut the refinancing rate by 25 basis points to 4.10%, from 4.35%. But after the downward pullback, the price recovered, forming a...
EUR/JPY Price Action Summary EURJPY fell again in the market movement yesterday Monday. However, the bearish that occurred was still held back by the MA 50 line. The price then moved sideways after approaching the MA 50 line and until this morning...
Wednesday marks the third trading day that the USD/CHF pair has extended its winning streak. While the US dollar (USD) trembles ahead of the Federal Open Market Committee (FOMC) minutes, which are scheduled to be released at 19:00 GMT, the Swiss...