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The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...
The USD/CAD currency pair is currently navigating a complex trading environment with key resistance and support levels influencing its movement. As of now, the price is oscillating around a significant resistance level at 1.3400, which has proven to...
USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...