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EUR/JPY is currently at 156.19 after breaking out of its previous movement. The MACD indicator suggests a downward trend. Our prediction is that the pair will continue to decline, reaching the ATR at...
The Japanese yen has taken traders on a roller-coaster ride for much of July, but the yen has been calm so far this week. In Tuesday’s European session, USD/JPY is trading at 141.36, down 0.08%...
The market has priced in 99% odds of a 25bps interest rate hike from the Fed this week…but only about a 33% chance of another rate increase this year. Traders will key into the FOMC’s...
The EUR/USD sold off and reached the May high, a sign that the daily chart is in a trading range and not a bull trend. The bears will probably get a second leg down after getting five consecutive...
I have analyzed the current market trend of GBP/USD and noticed a bearish pattern. The currency pair is currently trading at 1.2840 and is in the 3rd wave with a flag pattern in play. The MACD...
More Interest Rate Hikes Ahead this Week? How to Trade ThemThe Federal Reserve, European Central Bank, and Bank of Japan have interest rate hikes this week. Here's a first look at what to expect...
The major currency pair remains under pressure around 1.1120 on Monday. Investors are feeling the tension, as the most eventful week of this month has begun. Both the US Federal Reserve and the...
US dollar index creeping back up to strong resistance at 100.75/95 in the 10-month negative trend. Bulls need the market to clear 101.15 & hold above here to target 101.80/102.00.USD/JPY ...
The purveyors of misinformation and conspiracy in the Gold market are at it again. This time they are predicting a new gold-backed currency from BRIC nations and others will be unveiled at the end of...
Sharing the secrets behind my successful trading techniques while surrounded by the calming sound of waves and the breathtaking view of Bermuda's beach.
The British Pound is losing ground for the 6th consecutive session, falling 2.2% to 1.2850. The downward movement began as a correction after a 9-sessions rally from 30 June but accelerated following...
- EUR/USD has had a surprise bear breakout on the Daily chart - Three consecutive bear bars strengthen the chance of a second leg down - Bulls hope buyers will overcome bears and maintain May high...