It was a mixed week for markets. U.S. and Japanese stocks made new highs, but later finished lower as concerns about AI stock valuations weighed on sentiment. SpaceX also came under pressure, falling below its IPO price and ending the week more than 10% lower. Markets are now expecting at least one U.S. interest rate […]
The post USD/JPY Tests 162 as Strong U.S. Data Supports the Dollar appeared first on ActionForex.
Key Highlights EUR/USD started a fresh decline after it failed to recover above 1.1450. The bulls face resistance near 1.1450 and 1.1475 on the 4-hour chart. Bitcoin is showing signs of weakness below $60,000. USD/JPY Read more…
In the world of trading, timing is everything. The EURGBP chart below highlights an important lesson in market analysis: waiting for the right area of interest can make the difference between chasing price and positioning Read more…
USDJPY was a tad lower on Friday but remains close to new peak at 161.95 (Thursday / 3 July 2025) and in the zone where Japanese authorities may intervene. Profit-taking at the end of the Read more…