The USDJPY is currently in a down trend and busy with a correction wave. There might be some more upward potential, but the weekly resistance could encourage sellers to enter the market with a possible new impulse wave resulting.
EURUSD breaches 50-day SMA despite economic contraction
At the time of writing, the euro is stronger against almost all of its G10 peers, except for the Swedish Krona (SEK). Also, USDJPY is tantalisingly close to posting a fresh one-year high.
The USDJPY is currently in a down trend and busy with a correction wave. There might be some more upward potential, but the weekly resistance could en...
USD bulls are trying to push towards the 106 round number as markets await the Fed’s Chair Powell to shed light on the future interest rate policy. ...
At the time of writing, the euro is stronger against almost all of its G10 peers, except for the Swedish Krona (SEK). Also, USDJPY is tantalisingly cl...
EURUSD
inflation
economic outlook
European Central Bank
eurozone
Euro
USDJPY
Japanese Yen
Bank of Japan
USDJPY is set to trade within 146.86 – 152.07 range this week, with the Bank of Japan and Federal Reserve rate decisions due in a jam-packed week....
USDJPY
JPY
BoJ
Federal Reserve
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