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Do investors have time to let some of this week’s open wounds to heal? Time is commodity we are trading. The market assumed that Ben and company would perhaps be a ‘wee bit’ more...
The USD/JPY pair fell from its resistance on a 30 minute time frame as predicted. This resistance level was given in our analysis yesterday. The price is visiting the same level again for the third...
EUR/USD - European SessionFollowing the drop on Thursday, the pair returned above 50% correction at 1.3225 with the kick-start of the European session. Stability above this level weakens negativity...
It was always going to get ugly yesterday, once the market realised that the era of cheap money from the Fed is nearing the end. What was interesting about yesterday’s move lower was the sheer...
EUR/USDEuro-area services and factory output increased more than economists forecast in June, adding to signs the currency bloc may emerge from its record-long recession in the second quarter....
USD/JPY continues to rise in the direction of the Key Resistance level 99.605 (of the type Approach) identified by Autochartist on the 4-hour charts. The pair is expected to rise toward the target...
GBP/JPY Daily OutlookDaily Pivots: (S1) 149.14; (P) 150.53; (R1) 152.19;Intraday bias in GBP/JPY remained on the upside for 154.22 resistance. A break could have confirmed that correction from 156.77...
The US dollar continues to move higher against the yen, and is again testing the 98 line in Friday trading. The dollar took a hit last week as the yen flexed some muscle, but the tide has turned this...
EUR/USD continues to struggle, as the pair tries to stay above the 1.32 line in Friday trading. The euro has shed about two cents since Wednesday, when the US Federal Reserve announced that it plans...