USD/JPY Price Outlook: Holds steady but dips beneath 50-day SMA
USD/JPY Overview USD/JPY has seen consecutive declines. Traders are cautious due to political pressures affecting governance. The price is fluctuating between the 20-day and 50-day simple moving averages (SMA). The upcoming Jackson Hole speech might be a pivotal moment. Strong results could push USD/JPY above 148.00, but a drop below 147.00 is also possible. USD/JPY […]
Gold Price Outlook: XAU/USD nears important resistance near $3,330
Gold recovers some of its losses after a two-day downturn, but the overall trend is still downward. Investor caution and reduced geopolitical optimism following a sell-off on Wall Street help precious metals rebound. Xau/USD nears $3,335, sitting at the upper boundary of a descending wedge pattern. On Wednesday, gold (Xau/USD) managed to recover some losses, […]
USD/JPY Price Outlook: Expected to stay flat before Powell’s Jackson Hole address
USD/JPY Market Update USD/JPY appears to have stabilized and is unlikely to recover the 20-day SMA following its recent dip. Resistance levels are at 148.00 and 148.51, which could limit gains towards the 200-day SMA around 149.15. Support can be found at 147.50 and 147.00, and selling might push prices lower to approach the 50-day […]
EUR/USD Outlook: Decreases as Range Remains Steady
Euro Declines Against the Dollar On Monday, the euro saw a dip against the US dollar, settling around the 1.16 mark. This has raised several questions among traders, leaving many to speculate about potential side-to-side movements in the market. For instance, a lot of traders are keenly awaiting the Federal Reserve’s next steps regarding interest […]
EUR/JPY Price Outlook: Optimistic perspective remains above 172.50 with a risk-on attitude
EUR/JPY gains traction, approaching 172.60 during the Asian session on Monday, marking a 0.20% increase for the day. Positive sentiment surrounds the pair as it trades above the significant 100-day EMA, with bullish indicators from the RSI. Immediate resistance is noted at 173.00, while the first support level to monitor is at 171.51. During Monday’s […]
EUR/USD Price Outlook: Focus on 1.1700 support close to the lower edge of the rising channel
EUR/USD Analysis The EUR/USD pair may face resistance at a six-week high of 1.1789 for the time being. A bullish sentiment is present, as the 14-day relative strength index remains above 50. Initial support is likely found at the lower edge of the ascending channel near 1.1690. Following an increase of about 0.5% in the […]
EUR/USD Weekly Outlook: Continued Momentum for Upward Trading as the Weekend Approaches
EUR/USD Analysis for Mid-August 2025 Created on August 17, 2025 This week, the EUR/USD has crossed the 1.17000 mark again, marking a significant move since its low on August 1st. The currency pair appears to be heavily swayed by emotional reactions to US economic data. Financial institutions seem to be adopting a bullish outlook, despite […]
Weekly Currency Exchange Outlook – August 17th – August 22nd (Charts)
Created on August 17, 2025 Bitcoin saw a notable recovery earlier this week, crossing the $120,000 mark, although it began to show signs of fatigue. The current candlestick formation resembles a shooting star, indicating that Bitcoin might not be poised for significant gains just yet. A pullback seems reasonable, especially as summer winds down. There’s […]
XRP Update: Attention Shifts to ETFs and SWIFT Competition; BTC Declines Amid Fed Outlook
The initiative enables pharmacies to purchase products and transfer funds immediately and cost-effectively, without depending on conventional banks or credit card systems. This also allows access to independent pharmacies through blockchain-based transactions. We refer to this as a significant payment solution based on XRP. The company currently assists 6,500 independent pharmacies along with 200 manufacturers. […]
GBP/JPY Price Outlook: Remains under selling pressure near 200.00
GBP/JPY sees a notable drop to around 199.30 following Japan’s positive GDP report. The Japanese economy expanded by 0.3%, exceeding the anticipated 0.1% growth. The Bank of England is likely to continue its cautious approach to monetary policy. During the Asian trading session on Friday, the GBP/JPY currency pair fell by 0.3%, approaching 199.30. This […]