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Yesterday was finally the day that most FX traders have been waiting for since at least a year: the day where the Bank of Japan (BoJ) gave a hint that it will finally exit its negative interest rate...
Next week, the GBP/USD faces a major test with key data releases and interest rate decisions from the Federal Reserve and Bank of England. Meanwhile, the US Dollar Index is fluctuating, with this...
Gold Stabilizes Near 2,030 as Investor's Focus Shifts to the NFP ReportThe gold (XAU) price increased by 0.27% on Wednesday after weaker-than-expected ADP employment figures. Technically, XAU/USD is...
The EUR/USD faces a key test in the next week and a half. We will have lots of key data and rate decisions from both the Federal Reserve and European Central Bank to come during this period. Ahead of...
Tokyo Core CPI eases to 2.3% US to release ISM Services PMI later today The Japanese yen has edged lower on Tuesday. In the European session, USD/JPY is trading at 147.08, down 0.10%.Tokyo Core CPI...
We have had a nice ride off the bottom in gold and silver which I suggested was close in September and alluded to in my August article. This was my first article since April of 2020 where I simply...
Bearish: USD/JPY is currently at 1.2664 in a trend in a 5th wave. We are looking for a continuation to the ATR target at 145.80 with the further target the Day chart bottom at 145.10....
Ongoing correction in the USD/JPY pair could be coming to an end This comes at a time when BOJ's Adachi has dismissed rumors of a monetary policy shift Meanwhile, the recent GDP revisions have boosted...
USDJPY continues its decent downtrendIt now tests the support set by the 100-day SMAMomentum indicators support the current moveUSDJPY is again lower today, recording its fifth consecutive red candle...
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