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EURUSD’s price action faces a critical juncture, with a key resistance level potentially dictating the future direction of the currency pair. This analysis examines the technical situation and...
The NZD/USD pair extends its two-day winning spell on Friday as the US Dollar hits a fresh three-week low ahead of the United States Nonfarm Payrolls (NFP) and the ISM Services PMI report for April,...
British Pound/U.S.Dollar(GBPUSD) Forex Elliott Wave Technical Analysis
The EUR/JPY cross loses momentum around 164.40 on Friday during the early European trading hours.
GBP/USD extends its gains for the third successive session on Friday, trading around 1.2550 during the Asian session.
Short Term Elliott Wave View on EURJPY suggests the rally from 12.7.2023 low is in progress as a 5 waves. Up from 12.7.2023 low, wave 1 ended at 163.71 and pullback in wave 2 ended at 160.21.
The GBP/USD pair trades on a stronger note around 1.2540 amid the softer US Dollar (USD) on Friday during the early Asian session.
The Japanese Yen (JPY) extended its gains versus the US Dollar (USD) amid a suspected intervention by the Bank of Japan (BoJ) that happened late on Wednesday during the North American session.
The EUR/JPY pair trades at 164.65, tallying sharp losses on Thursday.
The Pound Sterling tumbled in early trading during the North American session, dropping below the 1.2500 figure amid renewed US Dollar strength.
The US Dollar dropped more than 3% against the Japanese Yen yesterday as the Fed struck a less hawkish tone than many were expecting at the May FOMC.
The EUR/USD pair remained steady around 1.0715 despite the US Federal Reserve's announcement and comments from Fed Chair Jerome Powell.
USDJPY’s price action has shifted, raising questions about the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios.
he USD/JPY Elliott Wave Analysis for the Day Chart examines the market behavior of the U.S. Dollar against the Japanese Yen using Elliott Wave Theory to determine its trend, mode,...
As expected, the FOMC left the rate unchanged for the 6th consecutive meeting. At the press conference, US Fed Chair Jerome Powell emphasized that inflation has remained stubbornly high recently.