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USDJPY resumes uptrend, unlocks 3½-month high Short-term bias is positive; July’s barrier could pose a test USDJPY broke into the 155.00 territory for the first time since July, reigniting optimism that the upleg which started in mid-September has more room to run. That said, the pair seems to be facing an obstacle near the 155.20 […]

The post USDJPY Stretches Uptrend into 155 Area appeared first on Action Forex.

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02/02/2024

GBPJPY Ticks Up in BoE Aftermath

GBPJPY pauses its slide from a fresh 8½-year high Broader long-term uptrend remains in place RSI and MACD soften but remain positive GBPJPY has been in a prolonged uptrend since early 2023, posting a fresh 8½-year high of 188.91 on January 19 before experiencing a setback. However, in the past couple of sessions, the pair managed to halt its […]
10/10/2024

US: Progress on Inflation Front Stalls in September, Supporting Smaller 25bps Cut in Nov

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10/09/2024

GBP/USD Steady as UK Wage Growth Eases GDP Next

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