EUR/JPY Price Outlook: Drops under 184.00 because of negative short-term sentiment
The EUR/JPY currency pair dipped slightly after a day of gains, trading near 183.90 during Friday’s Asian session. It continues to remain below the 9-period and 50-period exponential moving averages (EMAs), which are at 184.38 and 184.91, respectively, suggesting a bearish outlook in the near term. This pair is caught in a symmetrical triangle, indicating […]
NZD/USD Price Outlook: New Zealand Dollar remains weak around 0.5650 with a negative trend
NZD/USD Continues Downward Trend The NZD/USD pair is experiencing a losing streak that began on June 17th, with current trading around 0.5650 during Friday’s Asian session. A look at the daily chart reveals that the price is descending within a channel, indicating a strong bearish sentiment. Short-term technical indicators show that the pair remains bearish, […]
AUD/JPY Price Outlook: Continues downward trend below 111.50 as negative momentum remains
In early trading in Europe on Friday, the Australian dollar against the yen was below 111.25. The Japanese yen strengthened slightly against the Australian dollar as Tokyo’s Consumer Price Index (CPI) saw inflation rise for the first time in eight months. Meanwhile, the Bank of Japan (BOJ) is sticking with its path of potential interest […]
USD/CHF Price Outlook: Looking to continue rise towards one-year peak near 0.8170
The USD/CHF currency pair dipped by 0.16% to approximately 0.8110 during European trading on Thursday, pulling back from a recent peak of 0.8140, reached just a day earlier. Overall, the outlook for the Swiss franc remains quite resilient as the US dollar continues to show strong performance. At the same time, the US Dollar Index […]
AUD/JPY Price Prediction: Weakens to around 111.50 due to intervention concerns and a bearish technical outlook
In early trading across Europe on Thursday, the AUD/JPY exchange rate was hovering around 111.50, showing a decline. The Japanese yen (JPY) has been strengthening against the Australian dollar (AUD) due to worries about possible currency interventions by Japanese authorities. Traders are now looking forward to the upcoming Tokyo Consumer Price Index (CPI) inflation report […]
NZD/USD Price Outlook: New Zealand Dollar drops close to 0.5650 as negative trend continues
The NZD/USD currency pair has seen a downturn for seven days straight, trading at approximately 0.5650 during Asian hours on Thursday. An analysis of the daily chart indicates that the price is moving downward within a descending channel, highlighting a persistent bearish trend. In the short term, the NZD/USD pair is clearly under pressure, remaining […]
EUR/JPY Price Outlook: Sits around 184.00 after bouncing back from a symmetrical triangle
EUR/JPY Market Update During Asian trading on Thursday, EUR/JPY managed to recover some of its earlier losses, hovering around 183.80. However, it still remains in the red. The pair is currently experiencing a correction that falls below both short-term and medium-term trend indicators, with the 9-day exponential moving average (EMA) at 184.47 and the 50-day […]
USD/CAD Price Outlook: Buyers maintain control above 1.4000 even with an overbought RSI
On Wednesday, USD/CAD reached its highest point since April 2025 as the Canadian dollar (CAD) struggled due to a stronger US dollar and decreasing oil prices. Currently, the pair is trading at approximately 1.4235. The US Dollar Index (DXY), which measures the US dollar against a basket of six major currencies, stands around 101.64, a […]
USD/CAD Price Outlook: Increase surpasses 1.4200 due to the US Dollar’s ongoing strength
The USD/CAD exchange rate reached a peak of about 1.4225 during European trading on Wednesday, marking its highest point in a year. The Canadian dollar is holding strong as the US dollar continues to gain ground, driven by expectations that the Federal Reserve’s next policy decision will involve an interest rate increase. As of now, […]
AUD/JPY Price Outlook: Drops below 112.00 amid intervention concerns, negative trend below 100-day SMA
On Wednesday, early trading in Europe saw the AUD/JPY pair drop to approximately 111.70. The Japanese yen has gained ground against the Australian dollar, as traders stay cautious regarding potential currency interventions by Japanese officials. Minoru Kihara, Japan’s Chief Cabinet Secretary, stated on Tuesday that the government would respond appropriately to fluctuations in the currency […]