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EUR/JPY Price Analysis: Bulls Maintained Dominant Position, Pressure Might Be Coming
Article By:
FXStreet
Sunday, March 17, 2024 7:40 PM EDT
In Friday's session, the EUR/JPY pair traded with gains at the 162.27 mark, recording a 0.54% rise while attempting to conquer the 20-day Simple Moving Average. The bulls maintained a strong grip, as the buying momentum appeared to intensify.
Weekly Forex Forecast - Sunday, March 17
Article By:
Adam Lemon
Sunday, March 17, 2024 1:40 PM EDT
Last week saw lower directional volatility in the Forex market, which has been relatively low since 2024 started. There was important action seen in some stock markets and Bitcoin, while the Forex market was relatively quiet.
From The CoT Report: What Hedge Funds, Noncommercials Are Buying, Selling
Article By:
Paban Pandey
Sunday, March 17, 2024 12:09 AM EDT
For the second week in a row, the weekly has now produced a candle with a long upper shadow. This is taking place even as investor sentiment further rose into giddy territory.