The Dollar Still Looks Fragile
Markets Recent hawkish repositioning yesterday did run into resistance. The US 2-y and 10-y yield […]
Yen Rises on Persistent Inflation, Focus Turns to PMI Data and Canada’s Retail Sales
Japanese Yen rose broadly in today’s Asian trading session following the release of CPI data, […]
USD/JPY Turns Green Above 133.50, Dips Supported
Key Highlights USD/JPY climbed above 134.50 before sellers appeared. A key bullish trend line is […]
Yen Awaits Japan’s Inflation as BoJ Meeting Approaches
Investors will be exploring Japan’s CPI inflation report during Friday’s Asian session in order to get clarity on whether […]
USD/JPY: Weaker Near Term Tone on Downbeat US Data
The USDJPY started to lose traction after repeated failure to clearly break through pivotal Fibo […]
Debt Ceiling Clock is Ticking
Market movers today Today we get April consumer confidence out of both the euro area […]
EUR/USD Struggles Below 1.1000 While USD/JPY Aims Higher
EUR/USD started a downside correction from the 1.1075 resistance. USD/JPY is rising and might rally […]
USDJPY Slices Through 50-day SMA
USDJPY had been trending lower since its upward sloping channel broke to the downside in […]
USD/JPY Eyes March High as 50-Day SMA Establishes Positive Slope
USD/JPY Outlook USD/JPY trades to a fresh monthly high (134.71) as it carves a fresh […]
EURJPY Just Below the October 2022 High
EURJPY is edging higher following the successful break of the 145.71 level that troubled the […]
USD Continues to Recover
AUD/USD seeks support The Australian dollar bounced after the RBA minutes showed that another rate […]
Elliott Wave Suggests USDJPY May See Sellers Soon
Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. […]