[ad_1] Share: The EUR/JPY followed the Friday technical rally into a new high for the week. The Euro pulled out of an early dip in the week, closing higher for three straight days. Japan inflation ticked higher on Friday, next week has Eurozone inflation in the barrel. The EUR/JPY rose for the third
[ad_1] Share: NZD/JPY rallies 0.70% to stand at 91.00 as buyers take control. The cross seems to be on its way to retest last Friday’s highs around 91.15. Daily chart: RSI is approaching overbought territory, and MACD exhibits increased buying momentum. Despite the overbought status in the four-hour chart, the overall trend remains bullish
[ad_1] Share: EUR/JPY sees a 0.19% rise, maintaining a position below the YTD high of 164.30 amid US and Japan holidays. For further bullish momentum, EUR/JPY needs to breach 164.00; downside risks include a potential drop towards 161.25 support. The EUR/JPY rose a decent 0.19% yet remains well below the latest cycle and
[ad_1] Share: EUR/GBP holds positive ground around 0.8720 ahead of Eurozone, UK key data. ECB President Christine Lagarde said the discussion about rate cuts is premature. BoE Governor Andrew Bailey stated that the Middle East conflict could add to the risk that inflation could go back up. Traders will closely monitor the Eurozone
[ad_1] Share: NZD/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI’s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair’s ascendancy above the 20, 100, 200-day SMA suggests bullish
[ad_1] Share: The GBP/JPY has rebounded back towards 186.50 after sinking post-UK Retail Sales slide. Investor sentiment is seeing a bounce heading into the Friday close, dragging the GBP back up. With UK data continuing to miss the mark, downside risks remain for the Pound Sterling. The GBP/JPY plummeted below 185.50 in Friday
[ad_1] Share: EUR/JPY faces a slight downturn but manages to stay above the crucial 163.00 level. The pair touched a three-day low at 162.15, yet a ‘hammer’ pattern in today’s trading indicates potential buyer intervention around the Tenkan-Sen level of 162.37. A move below 163.00 might lead to a further decline towards the
[ad_1] Share: The EUR/CHF is seeing a late break heading into Friday’s closing bell. Market sentiment is seeing a late-week rally as investors take one last dip into the risk well. The EUR/CHF pair is up 0.40% bottom-to-top as risk appetite makes a late recovery. The EUR/CHF dipped to a new low for
[ad_1] Share: NZD/JPY was down by 0.40% on Friday and closed a 0.40% weekly gain. Buyers continue to be on the sidelines after pushing the pair to multi-year highs this week. Indicators are losing momentum on the daily chart. In Friday’s session, the NZD/JPY cross extended its decline towards 89.65 as investors continued
[ad_1] Share: The AUD/JPY saw a late break higher in Friday’s broad-market sentiment recovery. The Aussie is catching a bounce from the 200-hour SMA and a rising trendline. The technicals are leaning bullish with more upside on the cards, but headwinds remain. The AUD/JPY snuck over the 97.50 level just ahead of the
