The Euro has been steadily gaining strength against the Japanese Yen for the past four days, hovering around the 173.30 mark during European trading hours on Monday. This upward trajectory stems from the positive reaction to the success of the...
The USD/JPY pair is currently trading below the day's opening level of 156.90 and the daily Pivot level of 156.98. This downward movement is accompanied by key technical indicators that are signaling a bearish trend. Notably, the price is positioned...
USD/JPY Market Outlook Good morning to Everyone! We have more buying opportunities in the USD/JPY market this week. The market dynamics are currently favorable for buyers, with bullish sentiment prevailing. However, the Tokyo CPI rate is a crucial...
Fundamental Analysis Although it cannot take advantage of Tuesday's gains during the Asian session, the price of gold (XAU/USD) can maintain its level above the low it reached over a week ago. With his retirement from the 2024 presidential race, US...
Last week, the GBP/USD currency pair edged higher, reaching a peak of 1.3043 before retreating. This week, the initial bias remains neutral, indicating that the pair is likely to undergo a period of consolidation. During this consolidation phase,...