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EURJPY erases some gains Stochastic and RSI head down EURJPY has found strong resistance near the 38.2% Fibonacci retracement level of the down leg from 175.37 to 154.40 at 162.30, which overlaps with the 50-day simple moving average (SMA). A downside movement may drive traders towards the 20-day SMA at 159.90 ahead of the 23.6%…
US Dollar softened ahead of the weekend after mid-tier data
USD slid following the University of Michigan Sentiment figures and housing market data. Markets remain confident about a cut in September. Greenback might continue being sensitive on data releases. On Friday, the US Dollar (USD), as measured by the US Dollar Index (DXY), experienced a decline following the release of the University of Michigan’s Consumer…
USD/JPY Forecast. Japanese yen strengthens against the US dollar – ForexNews.PRO
USDJPY: The Japanese yen (JPY) gained against its US counterpart during the Asian session on Friday and so far appears to have broken a two-day losing streak, hitting its lowest level since early August the previous day. The yen has strengthened slightly in response to verbal intervention from Japanese authorities and stronger inflation data from…
Crude Oil –30.05.2025 – Orbex Forex Trading Blog
Crude Oil –30.05.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
