USD/JPY: Centered on Trading in the Upper 155 Yen Range, Seeking the Next Direction

USD/JPY is expected to continue searching for direction in the overseas market. Influenced by the interest rate differential between Japan and the US, buying interest emerges when the pair dips. However, there is some dollar selling pressure in other pairs, such as EUR/USD, which is trading in the 1.0880 range. Last week’s US CPI and […]

USD/JPY: Buy – Focus Currency and Technical Analysis (15-minute chart) March 20, 2024

USD/JPY continues to rise following the Bank of Japan’s policy shift. The market is keeping an eye on the outcome of the Federal Reserve’s meeting and future interest rate trends. EUR/USD: Sell – Cautious Market Sentiment The EUR/USD is showing uncertain movement around 1.0870, with participants avoiding building new positions ahead of the Federal Reserve’s […]

USD/JPY: Neutral – Weekend Preparation within Range Trend

The USD/JPY pair is trading near 148.30, preparing for weekend gains within a weekly uptrend. Higher-than-expected US inflation data is casting doubt on the Federal Reserve’s plan to cut interest rates in June. XAU/USD: Neutral – Under Pressure from US Producer Price Index The XAU/USD pair is preparing for a slight weekend decline near 2165.00. […]