AUD/JPY extends its decline, falling sharply and breaking below the 20-day SMA. RSI remains in negative territory, reflecting intensifying bearish momentum. MACD histogram prints rising red...
EUR/JPY declined following the release of Japan’s Gross Domestic Product report on Monday. Japan’s GDP rose by 0.7% QoQ in Q4, marking the third straight quarter...
EUR/GBP softens to near 0.8325 in Friday’s early European session. UK economy grew by 0.1% QoQ in Q4, beating expectations after recording zero growth in the...
GBP/JPY appreciates despite a dampened market sentiment amid US-China trade tensions. China retaliated by slapping a 15% tariff on US coal and LNG imports; and an...
EUR/JPY gains ground to around 159.95 in Tuesday’s early European session, adding 0.42% on the day. Trump paused new tariffs on Mexico and Canada for one month. ...
AUD/JPY may lose ground as risk aversion rises, driven by renewed tariff threats from US President Donald Trump. Trump stated that China would face tariffs, with...
NZD/JPY edged higher to 88.15 on Tuesday after recovering from early weakness. RSI shows a sharp rise but remains in negative territory, indicating hesitant bullish momentum....
AUD/JPY receives support from the hawkish sentiment surrounding the RBA’s interest rate trajectory. The Australian Dollar may receive downward pressure from the rising geopolitical tensions in...
EUR/JPY weakens to near 158.80 in Wednesday’s early European session, down 0.06% on the day. The negative outlook of the cross prevails, with the bearish RSI...
The EUR/GBP pair traded sideways on Friday, clearing daily gains and stabilizing at 0.8335. The RSI and MACD suggest that selling pressure is steady but continues...
AUD/JPY loses ground as Shigeru Ishiba has won the leadership race to become Japan’s prime minister. The Tokyo Consumer Price Index rose 2.2% YoY in September,...
EUR/GBP gains ground ahead of the speeches from ECB’s Philip Lane and Piero Cipollone on Friday. The Euro may face challenges as the ECB is widely...
The EUR/GBP has steadily declined over the past trading days. The RSI and MACD are both suggesting that selling pressure is rising. Oversold conditions might prompt...
EUR/GBP retraced Monday’s sharp downward movements. The daily RSI and MACD signals a stabilizing selling pressure. The pair might extend its current sideways trend in the...
EUR/GBP consolidates Monday’s sharp downward movements. The RSI suggests oversold conditions but the MACD signals a stabilizing selling pressure. The pair might side-ways trade in the...
EUR/GBP extended its downtrend on Monday, declining by 0.50% to 0.8335. The breach below 0.8350 marked a low since April 2022. The RSI has entered the...
EUR/JPY remains steady after the release of the softer inflation data on Friday. The Tokyo CPI increased by 2.2% YoY in July, slightly down from the...
AUD/JPY resumes decline, falling to 105.25, marking one of the lowest levels in over a month. The recovery experienced on Thursday was short-lived as selling pressures...
Friday’s trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum. Cross ends the week with a near 2% loss. Sellers are pointing...
Thursday’s session witnessed the NZD/JPY pair rebounding, counterbalancing part of the bearish momentum. Despite the small rise, the cross still registers a weekly loss of 1.50%....