Kickstart the FX trading day w/a technical look at the EURUSD, USDJPY and GBPUSD
2024-05-30
Do you need an updated technical look at 3 of the major currency pairs to better understand what is moving the currency markets today? What levels are key for your trading today and explained why.
Yen on the edge | GBPJPY market dynamics | Market Outlook with Exness
2024-05-23
By: Stanislav Bernukhov
In this week’s Exness Market Outlook we dissect the GBPJPY’s precarious stance on the forex ice. Are we on the verge of a Yen resurgence? Our analysis takes a deep look at the latest technical signals, including the intriguing story the RSI Indicator is telling about possible oversold conditions.
With Japanese bond yields nearing a crucial 1% mark, we explore the implications for carry trades and how this could bolster the Yen against its peers. Could this spell trouble for the British pound’s recent rally?
The GBPJPY pairing could be facing a chilling pullback, but what levels should traders keep an eye on? Our straightforward breakdown helps you understand the dynamics.
Stay ahead of the curve as we highlight key events including the impending FOMC minutes