Tag: Japanese yen
NZD/JPY Price Analysis: Bearish Momentum Persists
The NZD/JPY pair continues to show a bearish trend, breaking through important support levels with consistent negative movements. The possibility of a turnaround depends...
GBP/JPY Holds Above 196.00, Recovering Losses – Key Focus on Currency Pair’s Performance
GBP/JPY managed to bounce back above the 196.00 level after the Bank of Japan (BoJ) announced its interest rate decision. The BoJ decided to...
Weekly USD/JPY Forecast: Latest Analysis and Trends – Action Forex
The USD/JPY pair experienced a decline from 161.94 to 151.93 last week before bouncing back after briefly breaking through the 151.98 resistance turned support...
USDJPY Analysis: BoJ Intervention Impact on JPY – Action Forex
The recent movements in the USDJPY pair have been influenced by a combination of fundamental and technical factors. The dovish speech by the Fed...
EURJPY Pulls Back from 32-Year High: Forex Trading Update
EURJPY recently hit its highest level since January 1992 but faced a pullback following suspected intervention from Japan. Despite this correction, the pair is...
USD/JPY Weekly Forecast: Latest Analysis and Trends
The USD/JPY pair experienced a significant drop last week, indicating a short-term peak at 161.94. The presence of bearish divergence in the D MACD...
Understanding the NISA Program and its Impact on Japanese Yen Depreciation
The Japanese Yen (JPY) faced challenges in the foreign exchange (FX) markets due to Japanese individuals making overseas asset purchases through the Nippon Individual...
Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations
The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
GBP/JPY Weekly Forecast: Latest Analysis and Predictions
Last week, GBP/JPY continued its upward trend and reached a high of 206.42. This week, the initial bias suggests further rally. A strong break...
Analyzing USD/JPY Pullback: Insights from Action Forex
The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with...
Breaking Financial News
CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...
The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...
