Hello everyone, I continue to send you 3 currency pairs with similar trends, hoping it will help you trade a little.
⚡️USDJPY⚡️
⚡️USD/JPY advances to fresh multi-month highs near 147.85
US Michigan’s Consumer Sentiment came in lower than expected.
The US DXY index reached its highest point since March 9 at 105.43 and then settled at 105.23.
All eyes are now on the Fed’s decision next week.
⚡️AUDJPY⚡️
⚡️AUD/JPY trades in positive territory for the sixth straight day on Friday.
Relative Strength Index (RSI) holds above 50 in the bullish territory.
The immediate resistance level emerges at 95.78; the initial support level is located at 94.23.The AUD/JPY cross extends its upside for the sixth consecutive day during the Asian session on Friday. The cross trades around 95.31, gaining 0.36% on the day. The stronger-than-expected Chinese data boost antipodean currencies against its rivals.
⚡️GBPJPY⚡️
⚡️The GBP/JPY pair slipped and lost more ground .The British pound is struggling to hold gains against the yen. 2023 is a solid year for guppies but difficulties remain.
⚡️ The GBP/JPY pair hit its 2023 low in early January when the pair traded in the 156.00 area. Since then, GBP has done a very good job of taking advantage of JPY's weakness, with the Guppy still up around 17.50% on the year.