USD Remains Under Pressure
GBP/USD tests supply area The pound holds onto its gains after the BoE raised its […]
Focus Turns to PMI Data
Market movers today Today, focus turns to March flash PMIs from Europe and the US. […]
USD/JPY At Risk of Additional Decline, PMI’s Next
Key Highlights USD/JPY started a fresh decline below the 133.50 support zone. A major bearish […]
Elliott Wave Favors More Downside in GBPJPY
Decline from 2.28.2023 is in progress as a 5 waves impulse Elliott Wave structure. Down […]
Fed Holds a Steady Course
Market movers today A rather quiet day in terms of data, and hence, focus remains […]
Euro Still Outperforms Dollar
Markets The countdown to this evening’s Fed policy decision was spiced by comments from ‘The […]
GBP/JPY Extends Recovery as Hot CPI Boosts BoE Hike Odds
It has been a great week for the pound, particularly for the GBP/JPY pair which […]
USD/JPY Probes Through Key Barrier – Fed Decision Likely to Define Near-Term Direction
The USDJPY keeps positive tone on Wednesday after bounce by nearly 0.9% on Tuesday revived […]
USDJPY Finds Support Ahead of FOMC, But Bears Still Loom
USDJPY turned green ahead of Wednesday’s FOMC policy announcement, pivoting on the tentative support trendline […]
What If the Fed Fund Futures Curve is Too Dovish?
Fed fund futures have certainly been all over the shop in the past two weeks, […]
Is JPY Ready to Reclaim All-Year High?
Between October 2022, and January 2023, the Japanese Yen outperformed several other currency pairs, resulting […]
EURJPY Fails to Rise Above 200-day SMA
EURJPY has been under selling pressure after its latest advance got rejected at the 145.56 territory […]