Tag: JPY
CADJPY Faces Strong Support: Forecast for September 13, 2024
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On September 12, 2024, the CADJPY currency pair encountered robust support at the 61.8% Fibonacci retracement level, stabilizing at 103.50. This level has proven...
What Is the Main Currency of the World?
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In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...
GBPJPY Hits Target: Forecast for September 12, 2024
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The GBPJPY currency pair has recently completed its downward move by reaching the target of 183.70. This level has acted as a barrier against...
EURJPY Holds Above Support: Forecast for September 12, 2024
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The EURJPY currency pair recently approached its additional negative target at 155.10 but has since responded positively, driven by a bullish correction as indicated...
GBP/JPY Continues to Decline: Forecast for September 11, 2024
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The GBP/JPY currency pair has sustained a downward trajectory, extending its losses and surpassing the initial target of 185.10. This trend indicates the potential...
EUR/JPY Experiences Significant Decline: Forecast for September 11, 2024
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The EUR/JPY currency pair has experienced notable losses, driven by a bearish shift in major indicators. The pair broke below the key support level...
EURJPY Touches Target – Forecast for September 9, 2024
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The EURJPY pair concluded its recent negative phase by reaching the target of 157.25, which has now become a new barrier to further declines....
What is Trading Size in Forex?
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In the world of forex trading, understanding the concept of trading size is essential for managing risk, maximizing profits, and ensuring longevity in the...
CAD/JPY Price Forecast: September 6, 2024
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The CAD/JPY currency pair has resumed its downward trajectory, falling below the 50% Fibonacci correction level at 106.45. This movement suggests a continuation of...
GBP/JPY Encounters New Support: Forecast for September 5, 2024
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The GBP/JPY currency pair experienced a significant decline yesterday, moving away from the 191.90 resistance level and reaching 188.20. This decline has brought the...
EUR/JPY Continues Downtrend: Forecast for September 5, 2024
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The EUR/JPY currency pair has successfully breached the additional support level of 160.20, affirming the prevailing bearish trend. The pair is now targeting further...
GBPJPY Fails to Confirm Breach – Forecast for September 4, 2024
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The GBPJPY pair has struggled to confirm a breach above the 191.90 barrier, leading to a decline towards 190.30, where it has settled. Stochastic...