Tag Archives: yen

Negative trades dominated the GBP/JPY, within the bearish correction as expected, touching our target at 156.00, recording the lowest level at 155.93. Technically, we tend to be negative, relying on trading below 156.50 level, accompanied by the RSI gaining more bearish momentum over the short time frames. Therefore, we are …

Negative trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bearish path during the previous analysis, touching the awaited target 157.30, recording its lowest level in the last session’s trading session, 156.78. On the technical side today, and by looking at the 60-minute chart, …

The pair hit the strong resistance mentioned in yesterday’s analysis at 158.20, which we mentioned as an essential condition to complete the bullish trend, pushing the pair to trade negatively again at 157.40. Technically, the bullish trend is still valid and effective. Still, with a closer look at the 60-minute …

The British pound continued to rise against its Japanese counterpart, within the positive outlook, as we expected, touching the target of 158.20, posting a high of 158.20. Today’s technical aspect indicates the possibility of continuing the rise due to building on 157.30 support floor, accompanied by the positive motive for …

Positive trading continues to dominate the movements of GBP/JPY within the suggested bullish path, touching our second awaited target at 157.20, recording the highest level at 157.38. On the technical side, by looking at the 60-minute chart, we notice that the RSI continues to provide bullish momentum signals, in addition …

As we expected, the British pound achieved substantial gains against its Japanese counterpart, touching the official target during the previous trading session at 156.10, recording a high of 156.15. On the technical side, we maintain our positive outlook, relying on the pair’s continuation of obtaining a positive stimulus from the …

The British pound managed to touch the first bullish target published during the previous analysis at the price of 155.00, approaching the next stop by a few points difference at 155.45, recording a high of 155.30. On the technical side, we tend to the positivity in our trading, relying on …

GBP/JPY managed to achieve the expected positive outlook yesterday, touching the first target around 154.80, to record its highest level at 154.82. On the technical side today, the daily trend is still tilting to the upside due to the positive motive of the simple moving averages that continue to carry …

EUR/USD is sliding during the New York session, downward pressured 0.23%, trading at 1.1526. The single currency is trading near the 2021 year lows.The market sentiment is still under risk-off environment, portrayed by US stock indices falling between 0.15% and 0.34%. Safe-haven currencies like the Japanese yen and the Swiss …

The British pound initially dipped slightly to open up the Asian portion of the trading session on Tuesday, but turned right back around to rally towards the ¥155 level.The British pound has initially pulled back just a bit against the Japanese yen during Asian trading, only to turn around and …