Key technical targets at 200-day MA at 0.6562 and 50% retracement at 0.65699 |
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2024-02-08
Despite briefly surpassing key levels, the AUDUSD buyers failed to sustain momentum and the price is now back down, signaling a shift in sentiment.
2024-02-05
A stronger USD to start the trading week sends the EURUSD and GBPUSD breaking. The USDJPY tests the high for the year and corrects, but is heading back higher.
2024-02-02
The 200 hour MA and the 100 bar MA on the 4-hour chart being tested. A break opens the upside.
2024-02-01
In this week’s Market Outlook with exness, we dive into the world of currency exchange and explore the intriguing dynamics of the pound to Japanese yen. With the Bank of England’s next meeting just around the corner, could we see a major shift?
How has Japan’s inflation rate played into the mix, and what does the GBP to yen chart whisper about what’s to come? Plus, with market volatility peaking during pivotal financial updates, is now the time to pay close attention to these currencies?
Join us as we analyze the signs and speculate on the future of GBP to JPY. Don’t miss out on the insights that could shape your trading strategy.
Trading is risky.
2024-01-29
The USD is making new highs vs a number of currencies including the EUR, GBP, CHF. The AUD which was the strongest of the major currencies at the start of the US session, is retracing a good chunk of it’s gains as well. The gains come despite yields in the US which remain lower on the day with the 10 year down over 5 basis points.
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