Tag: JPY
What is the Ideal Spread in Forex?
Jennifer -
In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...
What is a Lot Size in Forex?
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Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...
GBPJPY Finds Strong Support and Faces Potential Bullish Reversal – Market Forecast for November 28, 2024
Jennifer -
The GBPJPY pair has recently encountered solid support at 190.70, halting the previous downward movement. This support, coupled with stochastic positivity, has led to...
EURJPY Pauses Decline and Shows Signs of Bullish Reversal – Market Forecast for November 28, 2024
Jennifer -
The EURJPY pair has maintained stability above the 23.6% Fibonacci retracement level at 195.25, reducing the downward pressure and signaling the potential start of...
CHFJPY Faces Key Support Level Amidst Bullish Outlook – Market Forecast for November 28, 2024
Jennifer -
The CHFJPY currency pair has recently touched the 38.2% Fibonacci retracement level at 170.90, a crucial support point that could act as a solid...
EURJPY Nears Target – Forecast for November 27, 2024
Jennifer -
The EURJPY pair continues to exhibit strong bearish momentum, driven by consistent negative pressures. The pair recently broke through the support line of a...
CADJPY Faces Bearish Momentum – Forecast for November 27, 2024
Jennifer -
The CADJPY currency pair closed the latest trading session with a negative finish, settling below the 38.2% Fibonacci retracement level at 109.30. This move...
EURJPY Recovers Some Losses: Bearish Outlook for November 25, 2024
Jennifer -
The EURJPY pair has managed to hold above the support line of the bearish channel at 160.60, prompting a corrective bullish move. This has...
EURJPY Reaches Negative Targets – Forecast for November 11, 2024
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The EURJPY pair has successfully hit correctional targets, touching a low of 163.42 and establishing a new support base. Following this, it rebounded towards...
CHFJPY Price Analysis and Forecast – October 31, 2024
Jennifer -
The CHFJPY currency pair has consistently closed below the 177.25 level, increasing the likelihood of triggering the previously suggested corrective bearish trend. The stochastic...
EURJPY Breaks Through Resistance – Forecast for October 28, 2024
Jennifer -
The EURJPY currency pair has successfully overcome negative pressures, creating a price gap that allowed it to surpass the 164.75 barrier. The pair has...
Does Bearish Mean Buy or Sell?
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In the world of finance and investing, terms like "bearish" and "bullish" are frequently thrown around. Understanding what these terms mean and how they...