USD/JPY: Recovery Regains Traction But Needs Break Through Key Barriers to Signal Continuation
USDJPY accelerated higher on Wednesday and dented psychological 140 barrier (reinforced by falling 10DMA), the […]
USDJPY Resumes Advance; Prepares to Test a Key Resistance Area
USDJPY is trading higher again today following a significant correction that muted the growing intervention […]
CPI Not Enough for RBNZ to Change Wait-and-See Stance
Markets Dutch ECB member Knot either delivered the most targeted or the most unlucky comments […]
JPY Starts the Week With Decline
According to Japanese Finance Minister Shunichi Suzuki, there was “no discussion” about exchange rates during […]
EURJPY’s Recovery Attempt Stalls; Signals Mixed
EURJPY opened the week with a doji candlestick slightly lower than the 20-day SMA at […]
US Retail Sales May Not Come to the Dollar’s Rescue
The US Census Bureau will publish retail sales for June on Wednesday at 12:30 GMT. […]
USD/JPY: Initial Reversal Signal Needs Confirmation on Extension Above 140
The USDJPY is consolidating above rising daily cloud in early Monday, trying to capitalize from […]
USD/JPY: Bears Lost Traction on Approach to 200DMA
The USDJPY bounces on Friday, registering significant gains for the first time in seven days […]
USD/JPY Technical: Torpedoed Down But Holding at 200-Day Moving Average
USD/JPY has shed -5.4% from its 30 June 2023 high of 145.07, on sight to […]
GBPJPY Correction Underway But Will It Last?
GBPJPY is trading sideways today as the first correction since the March 2023 lows is […]
Dollar Staying Pressured Amid Risk-On Sentiment, Eyes on Michigan Consumer Sentiment Report
Dollar is still facing much broad-based pressure as risk-on sentiment continues to dominate the markets. […]