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Weekly Forex Forecast - Sunday, April 28, 2024
Article By:
Christopher Lewis
Sunday, April 28, 2024 1:40 PM EDT
The British pound rallied during the course of the week, as it recently closed near the JPY197 level. It looks like it could continue to go higher, especially now that the Bank of Japan has admitted that they can’t do much about the value of the yen.
USDJPY Analysis Today & Price Prediction Forecast
Video By:
Frano Grgic
Sunday, April 28, 2024 1:30 AM EDT
Technical analysis: support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.
In this video: FXY
Forex And Cryptocurrencies Forecast For April 29 - May 3
Article By:
Roman Butko
Saturday, April 27, 2024 1:40 PM EDT
Rate cut forecasts led to the US currency rising to five-month highs in mid-April against the euro, British pound, Australian, and New Zealand dollars, with the USD/JPY pair reaching a 34-year price record. However, that was in mid-April.
Week Ahead: FOMC, US Jobs, EMU Inflation, JPY Pressure
Article By:
Marc Chandler
Saturday, April 27, 2024 1:00 PM EDT
The backing up of US rates did not broadly lift the dollar as it appeared to have done previously. The dollar-bloc currencies, led by the Australian dollar, advanced last week, while the Swiss franc and Japanese yen were unable to find traction.