Tag Archives: yen

After several consecutive sessions of the sideways trend tilted to the downside, GBP/JPY managed to touch the first awaited target at 152.50, recording its lowest level at 152.38. On the technical side, the 50-day moving average still supports the possibility of a decline, in addition to stabilizing trading below the …

GBP/JPY did not show any change for the third consecutive session within a sideways range sloping to the downside, between the support level of 152.60 the resistance level of 153.60. Technically, we are inclined in our trading to the negativity, relying on the negative pressure coming from the 50-day moving …

The euro declined, Thursday, as the USD rose on the back of the strongest U.S. inflation reading in over 30 years fueling expectations of Fed interest rate hikes next year. U.S. CPI data showed the biggest gain in four months, lifting the annual increase to 6.2%, the strongest year-on-year rise …

GBP/JPY did not show any change for the second session in a row within a bearish sideways range, between support level of 152.60 and resistance level of 153.60. Technically, we tend to negativity, relying on the continuation of the negative pressure coming from the 50-day moving average, and the clear …

The British Pound was little changed during the previous trading session within a sideways bearish range, confined between the support level of 152.00 and the resistance of 153.60. On the technical side, we tend to be negative, relying on the continuation of the negative pressure coming from the 50-day moving …

Negative movements dominate the pound’s movements against its Japanese counterpart within the expected bearish path towards our targets. On the technical side, we are inclined in our trading to the negativity, relying on the continuation of the negative pressure coming from the 50-day moving average, which continues the negative pressure …

Negative trades dominated GBP/JPY, touching the first target mentioned in the last analysis at 152.80. On the technical side, we are inclined in our trading to the negativity, relying on the continuation of the negative pressure coming from the 50-day moving average, which continues the negative pressure on the price …

The pound declined against the Japanese yen, remarkably within the expected bearish path, surpassing the second target required, at 154.40, to record as low as 153.12. On the technical side, the bearish trend is still more likely today due to the continuation of negative pressure from the simple moving averages …

Mixed trading dominated the pound’s movements against its Japanese counterpart, in a bullish direction, after finding a good support floor near the 155.00 level. On the technical side, we noticed that the stochastic indicator reached overbought areas and gradually lost the bullish momentum. We find the 50-day moving average as …

The pound declined against the yen within the expected bearish path, touching the first target we mentioned at 154.70, recording the lowest price at 154.65. Technically, we are inclined to the negativity in our trading, depending on the bearish technical figure shown on the chart, in addition to the negative …