The USDJPY pair still trades in a bullish market zone but may slide below the $140.79 support level soon.Sellers may likely resume dominating the USDJPY market soon.USDJPY Weekly Price Analysis – May 31At the moment the USDJPY remains on the positive side. The price may collapse and slide below the …
Forex Strategies
EURUSD Begins Climb Again for the New Week
Market Analysis - EURUSD Buyers Regain Their Stance EURUSD begins to climb again for the new week. Last week, the pair experienced a dip, with the price lowering to the significant 1.07950 level. This level acted as a strong support, preventing further declines and setting the stage for a bullish …
EURUSD Faces Complex Terrain Due to European Central Bank (ECB) Influence
EURUSD faces complex terrain due to the European Central Bank (ECB) influence. The recent statements made by ECB officials have crafted an atmosphere of doubt and unpredictability for traders in the market. The Chief Economist of the ECB, Phillip Lane, recently shed light on the intricate …
