EUR/JPY gains momentum to near 163.00 in Monday’s early Asian session, up 33% on the day. The lack of clear guidance on the next BoJ rate hike timing weighs on the JPY. ECB’s Cipollone said the central bank should cut rates further to support recovery. The EUR/JPY cross attracts some buyers to around 163.00 during the […]
AUD/JPY gains ground due to uncertainties regarding the future BoJ interest rates outlook. BoJ’s Summary of Opinions highlighted divisions among policymakers regarding the timing of future rate hikes. The Australian Dollar faced challenges as China’s latest stimulus measures fell short of investors’ expectations. AUD/JPY retraces its recent losses from the previous session, trading around 101.20 […]
NZD/JPY extends downtrend, breaking below key support. Technical indicators suggest further downside potential. The overall picture sees the pair stuck in a side-ways trading channel. In Friday’s session, the NZD/JPY declined by 1.20% to 91.00, continuing its bearish momentum. This break below the crucial 91.00 support level and the convergence of the 20 and 100-day […]
The EUR/GBP currency pair continues to trade sideways between the 20 and 100-day SMA . RSI indicates recovering buying pressure and the MACD is green. Sellers breathe, after last Friday’s sharp losses. In Monday’s session, the EUR/GBP pair rose by 0.20% to 0.8395. While the pair remains in a sideways trend, the bullish pressure has shown […]
NZD/JPY has been trading sideways recently, with mixed signals from technical indicators. The pair is currently supported at 90.70 and faces resistance at 91.90. There are some signs of bearish momentum mounting which could threaten the 20-day SMA. Friday’s trading saw the NZD/JPY pair continue its sideways movement of the past sessions. The pair exhibits […]
The NZD/JPY has been trading sideways recently, showing no clear trend. Technical indicators suggest a growing bearish momentum, with the RSI and MACD starting to turn in favor of the sellers. The 100 and 200-day SMA completed a bearish crossover at 92.00. The NZD/JPY pair has traded within a tight range recently, demonstrating a lack […]
EUR/GBP remains range-bound, consolidating recent losses as buying pressure stalls. Sellers take the foot off the gas after last Thursday’s losses RSI indicates recovering buying pressure, while MACD shows flat conditions. In Monday’s session, the EUR/GBP rose slightly to 0.8330, hovering within a narrow range. The pair’s recent recovery attempt has stalled, leaving it in […]
EUR/JPY weakens to near 158.80 in Wednesday’s early European session, down 0.06% on the day. The negative outlook of the cross prevails, with the bearish RSI indicator. The immediate resistance level emerges at 161.80; the first support level is seen at 158.10. The EUR/JPY cross extends its downside to around 158.80 during the early European […]
EUR/GBP retraced Monday’s sharp downward movements. The daily RSI and MACD signals a stabilizing selling pressure. The pair might extend its current sideways trend in the next sessions. EUR/GBP rose to 0.8370 on Wednesday, displaying some volatility during the European trading session. Nevertheless, the pair failed to hold on to gains, and it currently trades […]
The NZD/JPY rose by nearly 0.90% to 89.80 on Friday. The RSI is in positive territory and rising, indicating buying pressure. The MACD is showing rising green bars, suggesting increasing bullish momentum. In Friday’s session, the NZD/JPY continued its climb, propelled by a 0.90% rise to 89.80. This upward trajectory indicates that the pair is […]
EUR/JPY edges lower to 157.20 in Wednesday’s early European session, down 0.72% on the day. Japan’s trade balance shrank less than expected in August, but Imports and Exports were worse than estimated. Market players will keep an eye on the Eurozone HICP inflation data on Wednesday. The EUR/JPY cross weakens near 157.20, snapping to a […]
The NZD/JPY pair has been in a downtrend, declining in four of the last six sessions. The RSI is oversold and has a declining slope, indicating that selling pressure is increasing. The MACD is also negative and the histogram is rising. Friday’s session saw the NZD/JPY pair decline by more than 1% to 86.60 marking another […]
