USD/JPY is forming a consolidation range around 156.91

Currencies News

USD/JPY is forming a consolidation range around 156.91
SP500CommoditiesChartpatterns
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

The EUR/USD pair is currently in a consolidation phase around 1.0881, with the range potentially expanding towards 1.0909 today.

EUR/USD, “Euro vs US Dollar” After reaching this level, the price is expected to decline to 1.0881. A breakout of this level will open the potential for a wave towards 1.0834, potentially continuing towards 1.0760 as the first target of the decline wave. GBP/USD, “Great Britain Pound vs US Dollar” The GBP/USD pair is currently in a consolidation phase around 1.2781, with the range potentially expanding towards 1.2819 today. After hitting this level, the price is expected to decline to 1.

6662, with the range potentially expanding towards 0.6691 today. After the price reaches this level, a decline wave could follow targeting 0.6611. A breakout of this level will open the potential for a movement by trend towards 0.6542, representing the first target of the decline wave. Brent Brent has broken above the 79.10 level, opening the potential for a wave towards 81.08. Once the price reaches this level, a corrective phase targeting 79.00 is possible.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

SP500 Commodities Chartpatterns Technical Analysis

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold Price, USD/JPY, EUR/USD – Technical Analysis and Trade SetupsGold Price, USD/JPY, EUR/USD – Technical Analysis and Trade SetupsIn this piece, we explore the technical outlook for gold prices, USD/JPY and EUR/USD, analyzing recent market behavior and trends to identify potential trading opportunities.
Read more »

EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price OutlookEUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price OutlookThis article delves into the technical outlook for EUR/USD, USD/JPY, and GBP/USD, dissecting price action dynamics and sentiment to forecast potential market moves and uncover attractive trading opportunities.
Read more »

US Dollar Gains Ahead of US CPI Data; Setups on EUR/USD, USD/JPY, GBP/USDUS Dollar Gains Ahead of US CPI Data; Setups on EUR/USD, USD/JPY, GBP/USDThis article explores the technical outlook for EUR/USD, USD/JPY, and GBP/USD, scrutinizing price action dynamics and sentiment to forecast potential near-term market movements.
Read more »

US Dollar’s Path Tied to Inflation Outlook; Setups on EUR/USD, USD/JPY, GBP/USDUS Dollar’s Path Tied to Inflation Outlook; Setups on EUR/USD, USD/JPY, GBP/USDAfter poor performance earlier in the month, the U.S. dollar rebounded this week, supported by a moderate rise in bond yields. We could see a continuation of the greenback's upward movement if the upcoming US inflation report tops consensus estimates.
Read more »

EUR/USD, USD/JPY, USD/CAD – Sentiment Analysis and Market OutlookEUR/USD, USD/JPY, USD/CAD – Sentiment Analysis and Market OutlookThe article provides a comprehensive analysis of retail sentiment on EUR/USD, USD/JPY, and USD/CAD, investigating potential near-term scenarios influenced by market positioning and contrarian cues.
Read more »

Gold, EUR/USD, USD/JPY – Price Action Analysis and Technical OutlookGold, EUR/USD, USD/JPY – Price Action Analysis and Technical OutlookThis article provides an analysis of the technical outlook for gold, EUR/USD and USD/JPY, examining recent market trends and price action dynamics to identify potential trading opportunities for the near term.
Read more »



Render Time: 2025-03-31 07:03:22