USD/JPY (US Dollar/Japanese Yen) – Buy, Focus Currency and Technical Analysis (15-Minute Chart) February 28, 2024:
USD/JPY pair has shown a slight uptrend during the Asian session, testing the breakout at 150.60, recovering from the low on February 22. Traders are awaiting the release of major US economic statistics today. EUR/USD (Euro/US Dollar) – Strong Sell: The EUR/USD pair is experiencing a slight decline, extending the correction momentum from the […]
Today’s Focus Currency and Technical Analysis (15-minute chart):
EUR/USD: Buy EUR/USD is slowly rising and attempting to surpass the 1.0830 level. The US dollar is declining amid diminishing expectations for Federal Reserve (Fed) monetary policy easing. Uncertainty remains about the timing of reaching the 2.0% inflation target. The euro is supported by data on consumer confidence in the Eurozone. Market attention is focused […]