Tag: JPY

The EURJPY currency pair has encountered significant resistance at the 171.60 level, preventing further bullish movement. The pair has since dropped below the 170.65...

The GBPJPY currency pair has maintained its bearish stance below the 204.40 resistance level, benefiting from additional negative momentum provided by stochastic indicators. The...

In forex trading, the term "spread" refers to the difference between the bid price and the ask price of a currency pair. This seemingly...

The spread in Forex trading is the difference between the bid and ask price of a currency pair. It represents the cost of trading...

Despite the GBPJPY pair forming some bullish waves and settling near 203.50, the previously suggested negative trend remains intact. This is due to the...

Forex trading, also known as foreign exchange trading, offers substantial opportunities for profit in global currency markets. However, achieving consistent profitability requires strategic planning,...

The USD/JPY price halted its decline near the 155.00 barrier, rebounding bullishly to breach the 156.80 level and settle above it. This movement suggests...

The EURJPY pair indicated a delay in its bullish momentum as it slipped below the additional support level at 171.60, resulting in some losses...

The GBPJPY pair encountered substantial downward pressure yesterday, initiating bearish movements after breaking below the critical support level at 240.45, resulting in considerable losses...

In the world of forex trading, understanding the concept of spread is crucial for any trader aiming to navigate the currency markets effectively. The...

Today, July 17, 2024 - The CADJPY price has concluded its correctional decline by testing and settling above the additional support level at 115.40,...

Today, July 17, 2024 - The EURJPY pair concluded yesterday's session near the 172.90 level, which has acted as a significant barrier to the...