USD-JPY PAIR FORECAST According to my technical analysis, it still tends to rise to a price of 158.10. This is because on the H1 timeframe, the USDJPY movement has formed a bullish engulfing candle which is a very strong signal to BUY USDJPY to a...
Fundamental Analysis Because of the lackluster trading activity during Monday's European session, EUR/USD is trading slightly over 1.0400. Due to the European Central Bank's (ECB) dovish interest rate forecast in the last three months of 2024, the...
The GBP/JPY pair experienced a downward trajectory during the European trading session on Friday, settling around 193.00, largely attributed to a string of disappointing economic data emanating from the UK. The Office for National Statistics...
The EUR/JPY currency pair exhibited a robust upward trajectory in early European trading on Thursday, with the euro appreciating against the yen to around 160.35 for the fourth consecutive day. This surge in the euro's value can be attributed to...
EUR/USD Technical Analysis: Right now, EUR/USD is trading around 1.1040, showing some upward momentum. I’m watching 1.1020 and 1.0990 as key support levels, while 1.1065 and 1.1100 look like resistance areas to keep an eye on. Looking at the...