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EURJPY holds well above uptrend line RSI stands near 70 level Next target at multi-year peak EURJPY is rallying sharply higher after the strong bounce off the 164.00 support level and the medium-term ascending trend line. The pair is heading towards the previous 40-year high of 171.56 with the technical oscillators confirming the buying interest. […]

The post EURJPY Shows Appetite for Retesting 40-Year High appeared first on Action Forex.

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17/06/2024

Sunset Market Commentary

Markets A sense of calm returned to European markets for now. Le Pen from the poll-leading Rassemblement National sought to reassure investors on the budgetary front if her party were to win the elections. It may have helped to stop the rout in European/French assets in a daily perspective after a disastrous week. Equities in […]
04/12/2023

December Flashlight for the FOMC Blackout Period

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10/01/2024

Bitcoin Climbs to New 21-month High Ahead of ETF Decision

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