USD/JPY Extends Rally, Services PMI’s Next
Key Highlights USD/JPY extended its increase above the 136.50 resistance. A major bullish trend line […]
USD/JPY Approaches 200-Day SMA While RSI Flirts With Overbought Zone
USD/JPY Outlook USD/JPY approaches the 200-Day SMA (137.28) as it trades to a fresh yearly […]
What to Trade in March
So far, the year 2023 has been eventful across several financial markets. As we step […]
Yen Edges Lower, Eyes on Tokyo Core CPI
It has been a quiet week for the Japanese yen, but USD/JPY is showing some […]
EURJPY Hits Fresh 2-Month High as Rebound Strengthens
EURJPY has been in a downtrend since mid-October when the price peaked at the eight-year […]
USDJPY Fights With 38.2% Fibo and 200-day SMA
USDJPY is struggling to surpass the 38.2% Fibonacci retracement level of the downward wave from […]
FOMC Will Stay Hawkish as Inflation Remains High
Last year, the US inflation rate was at a 40-year peak while posting the lowest […]
Elliott Wave Forecast: USD/JPY Approaching Resistance
There were some BOJ comments in Asia regarding inflation but nothing significant. However, they have […]
Currency Pair of the Week: EUR/JPY
The Eurozone will report its Flash CPI report for February. Expectations are that the YoY […]
USD/JPY: Bulls Taking a Breather after Strong Rally on Friday
The USDJPY eases from new nine-week high on Monday, as bulls faced strong headwinds at […]
Money Markets Raised Fed Terminal Rate to 5.4%
Markets Core bonds tumbled on Friday. US yields soared 4.5 to 12.7 bps with the […]
USD/JPY Bulls Return in Style
Asian Indices: Australia’s ASX 200 index fell by -94.7 points (-1.3%) and currently trades at […]