Deep Dive into EUR/JPY, Gold And Currencies Technical Analysis

Thursday, 12 September 2024, 04:38

EUR/JPY shows promising signals in this technical analysis, with a crucial confirmation level at 156.74. As USD/CHF hovers near an 8-month low, gold remains in a cautious holding pattern. This post delves into the latest trends in currencies and shines a light on gold's position.
Fxstreet
Deep Dive into EUR/JPY, Gold And Currencies Technical Analysis

EUR/JPY Technical Signals

EUR/JPY sends encouraging signals; confirmation awaited above 156.74. This level signifies a pivotal moment for traders seeking upward movements.

USD/CHF on the Rise?

Meanwhile, USD/CHF builds a floor near an 8-month low. Bulls are on the lookout for more strength above 0.8540 in hopes of breaking out of this stagnation.

Gold Trends

Gold is currently exhibiting a wait-and-see mode within the 2,500 area, waiting for catalytic events to dictate future movements.

For a deeper analysis and continuous updates, consider visiting our full report.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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