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.
2024.04.01
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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