USDJPY Impulsive Decline Portends Further Weakness
Cycle from 10.21.2022 high is in progress as a zigzag Elliott Wave structure. Down from […]
USD/JPY Takes Big Hit, EUR/USD and GBP/USD Extend Rally
Key Highlights USD/JPY declined heavily below 142.00 and 140.00. It traded below a key bullish […]
Technical Picture for EUR/USD Improved
Markets Post-payrolls price action already suggested investors were ready to take up additional US Treasuries […]
Dollar’s Plunge Deepens After Underwhelming Consumer Inflation Figures
Dollar’s decline accelerates again following US inflation data that reflected a more substantial than anticipated […]
USDJPY Sellers Could Stay in Play
USDJPY has been sold aggressively since the NFP release last Friday, falling by almost 2.0% […]
EUR/USD Smashes Resistance While USD/JPY Nosedives
EUR/USD started a fresh increase above the 1.0975 resistance. USD/JPY is declining and showing bearish […]
Core Inflation Over Time Will Justify Higher for Longer Paradigm
Markets The up-move in US yields took a breather this week. Friday’s slightly softer than […]
Technicals and Triggers – USD/JPY, GBP/USD, GBP/JPY, USD/MXN
FX volatility might be returning given Wall Street is seeing some exhaustion with several key […]
EURJPY Pulls Back Strongly from 15-Year High
EURJPY has been in a strong uptrend since the beginning of the year, posting a fresh […]
JPY Recoups Losses
USD/JPY breaks support The yen bounces across the board over concerns of a potential BoJ […]
USD/JPY Technical: At Risk of a Minor Bounce Before Bearish Tone Resumes
Medium-term uptrend of USD/JPY in place since 16 January 2023 at risk of breakdown. Steep […]
BoC to hike but what next? CAD/JPY extending near term fall
As BoC is widely expected to raise interest rates by another 25 bps to 5.00% […]