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Forex Strategy is Bearish: EUR/JPY is currently at 162.19 in a 4th wave. If we complete the turn, we are looking for a continuation to the ATR target at 160.74 area, with a further target for the S5...
Forex Strategy is Bearish: EUR/JPY is currently at 163.22 after topping out. We have convergence in play for the down move. We are looking for a continuation to the ATR target at 161.91 area, with a...
Forex Strategy is Bearish: EUR/JPY is currently at 160.70 in a new channel. We have convergence in play for the down move. We are looking for a continuation to the ATR target at 159.64 area, with a...
Forex Strategy is Bullish: EUR/JPY is currently at 162.13 in a 5th wave. We have a possible divergence in play for the down move once we finish this 5th wave. We are looking for a continuation to the...
The US dollar has given up all its gains for the week as soft data and US earnings seem to be casting doubts on the notion of US exceptionalism. The USD/JPY is the big winner, receiving extra help...
The recent Euro strength in the past week has fizzled out. The ongoing trend of the 2-year yield premium shrinkage between the 2-year German Bunds over Japanese Government Bonds reinforced further...
Forex Strategy is Bearish: EUR/JPY is currently at 158.29 in a 5th wave in a channel. We are looking for a continuation to the ATR target/1.000 Fibo at 157.35-47 area, with a further target the 1.270...
Forex Strategy is Bearish: We are currently @ 160.41 in a channel and a 5th wave. We are looking for a continuation to the ATR target @ 159.56 area, with possible movement to the 5th wave support...
Forex Strategy is Bearish: We are currently @ 157.05 in a range. We are looking for a continuation to the ATR target @ 156.21 area and then to the 0.618 Fibo @155.99. We have convergence for the...
This will be a full week of trading with significant market-moving economic data on the agenda. It begins Monday with the ISM Manufacturing report and concludes Friday with the Jobs report. However,...
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