EUR/JPY Breaks Out of Range, Bullish Momentum Builds
sThe EUR/JPY pair has recently broken out of a long-term range, signaling potential for significant upside. The pair is currently trading above key technical levels, suggesting that bullish momentum is strong. Key Technical Indicators: Potential Scenarios: Overall Outlook: The EUR/JPY pair is in a strong uptrend, and the recent breakout suggests that the bullish momentum […]
EUR/USD Consolidates Above 1.0800, Upside Potential Limited
The Euro/US Dollar (EUR/USD) pair is trading slightly lower in the Asian session on Friday, following a strong move-up the previous day. However, the pair remains above the 1.0800 mark, supported by a weaker US Dollar and positive developments in the Eurozone. Key Factors: Technical Analysis: