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As the USD/JPY chart shows today: → The price is in an upward trend (indicated by the blue channel) that has been relevant since the beginning of 2024. → On Thursday, May 23, the exchange rate nearly reached 157.2 yen per US dollar, surpassing the peak of May 14. → Following this, the market began […]

The post USD/JPY Analysis: The Market is Indecisive Near Its Peak Since May 1 appeared first on Action Forex.

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16/05/2024

GBP/USD Kickstarts Fresh Surge Amid Sharp Decline In Dollar Value

Key Highlights GBP/USD started a decent increase and climbed above 1.2600. A key bullish trend line is forming with support at 1.2580 on the 4-hour chart. Gold prices cleared the $2,375 resistance to move into a positive zone. USD/JPY dipped again and traded below the 155.00 level. EUR/USD Technical Analysis The British Pound started a […]
05/08/2024

AUD/USD Technical: Dropped Towards 0.6360 Key Range Support Ahead of RBA

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15/02/2024

GBP/JPY – Eases From Fighs After Weaker UK Inflation Data

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