Market analysis
Market analysis
We provide market forecasts based on our own impressions and technical analysis for major currency pairs. Please take a look at it as a reference for your trading.
2024.04.29
NEW
FXON Market Analysis (April 22 to 28)
The currency market in the past week has been characterized by an overwhelmingly weakening yen.
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2024.04.22
FXON Market Analysis (April 15 to 21)
Markets in the week ending April 21 displayed yet another round of dollar appreciation. This was a theme established early in the week, with the morning of Monday, April 15 seeing the USDJPY break above recent highs and build higher past 154.
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2024.04.15
FXON Market Analysis (April 8 to 14)
The currency market in the past week has been characterized by a strengthening dollar.
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2024.04.08
FXON Market Analysis (April 1 to 7)
Currency markets last week saw the dollar weaken, followed by a weakening yen.
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2024.04.01
FXON Market Analysis (March 25 to 31)
Currency markets last week sent the USDJPY to a high of 151.96, barely breaching the yen's 2022 high of 151.94. However, the pair quickly retreated, spending the remainder of the week within a tight range around the 151 price level. Let's review the market movements through the week.
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2024.03.25
FXON Market Analysis (March 18 to 24)
Last week saw a series of important economic indicator releases and key figures' statements, including policy rate announcements in Japan and the United States.
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2024.03.18
FXON Market Analysis (March 11 to 17)
Through the past week, the USDJPY rose while the EURUSD and GBPUSD moved to correct upward momentum. The USDJPY traded in the range of 146.48 to 149.16, with a break above 150 once again in sight.
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