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EUR/JPY Faces Significant Downward Pressure – Forecast for September 30, 2024

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?

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?

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

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

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

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

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

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

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

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

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

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...

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