USDJPY remains pressured towards 151.00 while keeping the previous day’s U-turn from a five-month-old horizontal resistance zone amid Monday’s sluggish Asian session. In doing so, the Yen pair justifies the RSI (14) line’s divergence with the latest high in prices. However, the bullish MACD signals and the quote’s successful trading above the...
The euro is almost unchanged on Friday. In the North American session, EUR/USD is trading at 1.2190, down 0.02% on the day.
In Germany, Covid-19 cases have been declining in recent weeks, as the vaccine rollout has gathered steam. Some states have eased lockdown conditions and the reopening of the largest economy in the eurozone should continue in the coming...