GBP/JPY: Minor Double Zigzag WXY Likely to Complete Bullish Trend Near 176.41
The GBPJPY currency pair is presumably in the final part of a major correction pattern […]
EURJPY Retreats After Hitting Downtrend Line at 142.00
EURJPY has been developing within a symmetrical triangle in the long-term timeframe, taken from the […]
Recent Rise in Yields Created Some Breathing Space
Markets The week started with a quiet but constructive trading session. No news apparently was […]
Focus Turns to the PMIs
Market movers today The market highlight today will be the January PMI figures for the […]
Japanese Falls Below 130, BOJ Core CPI Next
The Japanese yen has edged lower on Monday. In the European session, USD/JPY is trading […]
USD/JPY: Bearish Trend Likely to Complete Near 127.55
USDJPY suggests that the formation of a global cycle impulse could have been completed not […]
Yen Down, Nikkei Up, Yield Curve Distortion Improved
BoJ and Davos were the major focuses of last week. Much volatility was seen in […]
GBPJPY Bounces Off Uptrend Line But Momentum is Weak
GBPJPY rebounded off the long-term ascending trend line and near the three-month low of 155.30. […]
BoJ Clearly Removed the Sting Out of the Normalization Debate
Markets The ECB took center stage yesterday. Several speeches from high-profile policymakers were due, including […]
ECB Holds the Course
Market movers today Data calendar for Friday is almost empty. We have only UK retail […]
Central Bank Warnings
It’s been a solid start to the year for equity markets but that optimism appears […]
With the Bank of Japan Sticking to its Ultrasoft Policy, JPY Looks Overbought
The Bank of Japan, which has not changed interest rates for the past six years […]