Tag: JPY
What is the Spread of XAU/USD?
Jennifer -
The foreign exchange market (Forex) is a complex and dynamic financial environment that allows the trading of various currency pairs. Among these, the XAU/USD...
What Lot Size Is Good for $100 in Forex?
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Forex trading is one of the most popular forms of investment worldwide, offering opportunities for traders to profit from currency price fluctuations. However, for...
Why Are Spreads High at Night?
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In the world of forex and other financial markets, traders often observe that spreads—the difference between the bid (buy) and ask (sell) prices—tend to...
GBPJPY Overcomes Decline – Forecast for January 22, 2025
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The GBPJPY pair has effectively neutralized negative pressure, rebounding after reaching the 190.50 level yesterday. Following a positive stochastic signal, the pair broke through...
EURJPY Delays Decline – Forecast for January 22, 2025
Jennifer -
The EURJPY currency pair has recently postponed its anticipated decline, closing positively above the 160.20 support level. The pair has shown resilience, benefiting from...
EURNZD Continues Bullish Momentum – Forecast for January 22, 2025
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The EURNZD currency pair has recently shown consistent bullish behavior, closing positively above the key 1.8270 support level. The price has been moving upward,...
Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration
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The U.S. dollar weakened against the Japanese yen on Thursday, reaching a near one-month low, driven by softer-than-expected U.S. economic data and rising expectations...
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
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UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
NZD/USD Price Forecast Update: January 14, 2025
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The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%
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Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....
EURJPY Resumes Decline – Forecast for January 3, 2025
Jennifer -
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...
U.S. Stocks Close Lower, Dow Jones Drops 0.97% as Sectors Weigh on Markets
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U.S. stocks ended lower on Monday, with significant losses in the Consumer Goods, Basic Materials, and Healthcare sectors leading the decline. At the close of...