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. […]
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 […]