Tag: JPY
EUR/JPY Faces Significant Downward Pressure – Forecast for September 30, 2024
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The EUR/JPY currency pair has experienced renewed downward movement, closing below the 61.8% Fibonacci retracement level at 161.60 last Friday. This confirms a bearish...
What Are the Big 5 Currencies?
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In the world of finance and international trade, currencies play a crucial role in shaping economic relationships and influencing markets. Among the multitude of...
Does the Spread Change on Forex?
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In the realm of foreign exchange (Forex) trading, understanding the concept of the spread is crucial for traders seeking to optimize their strategies and...
GBP/JPY Price Forecast Update – September 27, 2024
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The GBP/JPY pair has successfully exceeded the MA55, advancing toward the 50% Fibonacci correction level at 194.20, which was identified as a key target....
EUR/JPY Price Forecast Update – September 27, 2024
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The EUR/JPY pair has confirmed its bullish trajectory by successfully breaching the 161.60 barrier, paving the way for substantial gains that could reach as...
GBPJPY Pressures Moving Average: Forecast for September 26, 2024
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The GBPJPY currency pair has exerted significant positive pressure on the MA55 at 193.00, indicating a potential resumption of the bullish trend. The next...
EURJPY Settles Below Key Barrier: Forecast for September 26, 2024
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The EURJPY currency pair reached a target of 161.60 during its recent bullish rally, encountering a robust barrier at this level, which coincides with...
CADJPY Resumes Upward Trend: Forecast for September 26, 2024
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The CADJPY currency pair has successfully continued its correctional bullish trajectory, surpassing the 50% Fibonacci retracement level at 106.35. This move has enabled it...
GBP/JPY Price Forecast Update – September 25, 2024
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The GBP/JPY currency pair achieved its first additional target at 193.30 yesterday but has since experienced a temporary negative rebound, settling around the 192.20...
EUR/JPY Price Forecast Update – September 25, 2024
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The EUR/JPY currency pair has experienced a period of sideways fluctuation, currently settling around the 160.20 level due to mixed signals from major indicators...
GBP/JPY Continues Positive Closings: Forecast for September 24, 2024
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The GBP/JPY currency pair exhibited mixed trading yesterday, primarily due to a lack of positive momentum. After reaching a low of 190.15, the pair...
EUR/JPY Gains Positive Momentum: Forecast for September 24, 2024
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The EUR/JPY currency pair is currently experiencing positive momentum, supported by stochastic stability above the 20 level and the 55-day moving average (MA55) providing...