USD/JPY Edges Up to 153.25 While Persistent Bearish Bias Remains
USD/JPY Struggles to Recover as Yen Strength Dominates Post-Election The US Dollar staged a minor recovery from 11-day lows of…
Tag: Support and Resistance
Gold Bulls Target $5,100 as XAU/USD Bull Run Gathers Pace
Gold regains momentum as XAU/USD targets $5,100 amid a weakening Dollar. After bouncing back from Tuesday’s lows, Gold is continuing…
XRP Recovery Strengthens Even as Retail Market Sentiment Slumps
Ripple (XRP) is seeing an accelerated rebound, trading above $1.36 on Friday as the market stabilizes from recent volatility. The…
GBP/USD projected to trade within a range, according to UOB Group
According to UOB Group’s Senior Technical Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, the GBP/USD pair is…
EUR/GBP Stagnates Near Key 0.8650 Support Level
The Euro has maintained a bearish trajectory since mid-November, with price action currently pinned near the 0.8650 support zone. This…
EUR/USD Struggles to Gain Traction Despite Upbeat Eurozone Growth
The Euro (EUR) eased to 1.1915 on Friday, failing to capitalize on stronger-than-expected Q4 GDP growth from Germany and the…
GBP/USD Drops Below 1.3450 After UK Manufacturing PMI Release
The British Pound faced resistance at 1.3475 during early London trading on Friday, pulling back to the 1.3450 support level.…
ETH Climbs 5% as Derivative Market Sentiment Shifts Bullish
Ethereum (ETH) is currently trading at $2,980, marking a 5% recovery this Friday and erasing losses triggered by post-CPI volatility.…
USD/JPY Technical Outlook is Bullish – Scotiabank
The Japanese Yen (JPY) is currently soft, declining 0.2% against the US Dollar (USD) and showing middle-of-the-pack performance among G10…
EUR/JPY Forecast: Poised for Record Highs After Clearing 178.00
EUR/JPY extended its advance for a second straight session, changing hands around 178.10—up more than 0.25%—in early European trade on…