EURJPY | Euro (EUR) to Japanese Yen (JPY) Rate in the Forex market

The EUR/JPY pair continues to face selling pressure, hitting a three-day low around 162.60 during the Asian session. This decline is attributed to the strengthening Japanese yen, driven by positive...

Early in the American session, EUR/USD was trading around 1.0411 reaching the top of the downtrend channel forming since November 22nd. During the European session, the euro had a strong...

Over the past two years, the EUR/USD currency pair has traded within a wide yet sideways range, balanced on the one hand by high interest rates in both the Eurozone...

Summary Analysis:The dominant wave for GBP/USD has been upward for the past few years, establishing a new short-term trend. Currently, the price is near the lower boundary of a strong...

Brief Analysis: Since late August, the British pound has been forming a bearish wave against the US dollar, weakening its position. This segment is part of a larger corrective wave...

Previously, the weekly and monthly supports combined their efforts around the 148.74 area to halt the downward movement. During last week, initial stalling and consolidation transitioned into an active recovery...

At the start of the upcoming week, the British pound is likely to move sideways near the calculated resistance levels, with the potential for a brief breach of the upper...

If the euro consolidates above the 21 SMA located at 1.0554 in the next few hours, it will be seen as an opportunity to buy with targets at 3/8 Murray...

In the next couple of days, the British pound is likely to continue its downward trend before transitioning into a sideways movement near the resistance zone. In the second half...

If we look at the 4-hour chart of the EUR/JPY cross currency pair, it appears that there are two quite interesting patterns, the first is Head & Shoulders and Rising...