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10 Mar 2023

EUR/JPY Price Analysis: Next target on the upside remains at 146.70

EUR/JPY reverses Thursday’s pullback and pokes with 145.00.
Further gains could challenge the 2023 high at 145.56.

EUR/JPY leaves behind Thursday’s marled retracement and briefly surpasses the 145.00 hurdle on Friday.

While further range bound trading seems likely for the time being, the cross is expected to accelerate its gains once the 2023 high at 145.56 (March 2) is cleared. Above this level comes the December 2022 top at 146.72 (December 15).

In the meantime, while above the 200-day SMA, today at 141.77, the outlook for the cross is expected to remain positive.

EUR/JPY daily chart

Mar 10, 2023

Silver Price Analysis: XAG/USD hangs near multi-month low, around $20.00 mark

Silver continues to show some resilience below the $20.00 psychological mark and reverses an intraday dip to a fresh four-month low touched earlier th

EUR/USD: Prone to renewed softness on the charts – Scotiabank

EUR/USD is trading modestly higher. However, economists at Scotiabank note that technicals are leaning bearish for the pair. Key support aligns at 1.0