(VIANEWS) – USD/EUR (USDEUR) has been up by 2.32% for the last 21 sessions. At 13:12 EST on Sunday, 28 January, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.856% up from its 52-week low and 3.751% down from its 52-week high.
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- According to FXStreet on Friday, 26 January, "Any further decline is more likely to attract some buyers near the 147.00 round figure, which should help limit the downside for the USD/JPY pair near the 146.45 area, or the weekly trough touched on Wednesday. ", "Given that oscillators on the daily chart are holding comfortably in the positive territory, the USD/JPY pair might then aim to surpass an intermediate hurdle near the 149.30-149.35 zone and reclaim the 150.00 psychological mark."
- Usd/jpy forecast: US dollar continues to consolidate against Japanese yen – 26 January 2024. According to DailyForex on Friday, 26 January, "In general, this is a scenario where there should be plenty of value hunters out there, but even if you are not willing to trade this pair, you could use the USD/JPY pair as a bit of a barometer for Japanese Yen strength or weakness, and trade other yen related pairs based on what you see in this one. ", "For example, the AUD/JPY pair might be what you are looking to trade, but if you see the USD/JPY pair rising, you have yet another indication that the Japanese yen is going to weaken. "
- Usd/jpy price analysis: hovers around 147.70 with the bullish sentiment. According to FXStreet on Friday, 26 January, "The technical analysis of the Moving Average Convergence Divergence (MACD) for the USD/JPY pair suggests a confirmation of a prevailing bullish sentiment in the market with the MACD line positioning above the centreline and showing a divergence above the signal line.", "A collapsebelow the psychological support level could push the USD/JPY pair to test support zone around the 14-day Exponential Moving Average (EMA) at 146.90 and 23.6% Fibonacci retracement level at 146.78."
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