Tag: JPY
USDJPY Breaks Key Support and Forms Bearish Pattern
Jennifer -
The USDJPY pair has broken below the 148.95 level and is currently holding below it. This strengthens expectations for the continuation of the bearish...
GBPJPY Maintains Positive Momentum
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The GBPJPY pair continues to follow its bullish trajectory, consistently closing above the 177.60 level, which has now become additional support. Currently, the pair...
EURJPY Reaches Target Amidst Mixed Indicators
Jennifer -
The EURJPY pair executed a clear negative move yesterday, reaching the initial target at 156.55. It later staged a bullish rebound influenced by a...
GBPJPY Nears Target Amid Strong Bullish Momentum
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The GBPJPY currency pair has persistently charted a course of robust bullish movements in recent sessions, buoyed by a prevailing bullish bias, successfully surmounting...
EURJPY Encounters Resistance, Maintains Bearish Bias
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The EURJPY currency pair recently halted its corrective bullish rebound as it confronted the resistance offered by a minor bearish channel, a level situated...
CADJPY Revisits Broken Support Line, Bearish Sentiment Persists
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The CADJPY currency pair recently made an effort to stage a correctional rally, probing the once-supportive boundary of a bullish channel. However, this boundary...
USDJPY Experiences Gradual Decline
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The USDJPY pair is currently undergoing a calm descent, with prices hovering around 148.50. This decline is occurring under the influence of negative pressure...
How much is 1 pip: Understanding Their Value and Significance
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In the world of forex trading, the term "pip" is ubiquitous. Short for "percentage in point" or "price interest point," a pip is a...
GBPJPY Experiences Temporary Sideways Movement Amid Negative Momentum
Jennifer -
London, United Kingdom, September 28, 2023 (GLOBE NEWSWIRE) - The GBPJPY currency pair has recently exhibited a tendency toward negative momentum, resulting in a...
EURJPY Favors Bearish Sentiment Amidst Channel Breakdown
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Tokyo, Japan, September 28, 2023 (GLOBE NEWSWIRE) - The EURJPY currency pair has exhibited a preference for bearish momentum, as it embarked on a...
GBPJPY Poised to Continue its Downward Movement
Jennifer -
The GBPJPY pair has demonstrated a pattern of fluctuations below the 181.80 level, establishing an additional barrier against downward movements. This behavior has led...
EURJPY Poised for a Shift in Bullish Trend
Jennifer -
The EURJPY pair has shown signs of yielding to repeated downward pressures, indicating the emergence of new bearish tendencies. This is evident in its...