Day: April 26, 2024

EUR/JPY Bulls Face Overbought Conditions near 169.00

EUR/JPY continues its upward trajectory toward the 169.00 mark, driven by improved risk sentiment. Currently trading at 168.89, the cross-pair demonstrates a significant daily gain. Technical Analysis: Bullish Momentum with Overbought Signals Outlook: While the bullish momentum remains strong, overbought conditions suggest the potential for a near-term pullback. Traders should be mindful of possible retracement […]

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