USDJPY in Bullish Mode in Very Short-Term
USDJPY rises above downtrend line MACD stands well above its trigger line 20- and 50-period […]
GBPJPY – Probe Above Pivotal 200DMA Generating Initial Signal of Bullish Continuation
GBPJPY rose to one-month high on Monday and generated initial signal of bullish continuation on […]
Oil Prices Abruptly Tumbled Below $80 per Barrel (Brent)
Markets European inflation figures and US PCE, spending & income data basically played second fiddle […]
Rate Cut Hopes Eclipse Recession Concerns, Dollar Tracks Rising Yields
In the final week of August, financial markets delivered unexpected developments that caught many by […]
Energy Base Effects to Drive EA August Inflation Down, Focus on Services Price Momentum
In focus today We expect the euro area inflation data today to show that headline […]
USD/JPY Retains Support: Can It Stage a Recovery?
Key Highlights USD/JPY found support near 143.50 and corrected some losses. It cleared a key […]
USDJPY Gets Assistance from 143.40 Support
USDJPY retains bearish bias MACD and RSI try to gain some momentum 23.6% Fibonacci acts […]
For Yields and Dollar Some Further Consolidation on the Cards
Markets Core interest rate markets yesterday tried to further build on a tentative pause/bottoming out […]
British Pound (GBP) Price Action Ideas: Sterling Set for Correction? GBP/USD, EUR/GBP and GBP/JPY
The British pound has been one of the best-performing currencies in recent weeks, driven by […]
Yen Shrugs as Inflation BoJ Core CPI Dips
The Japanese yen has edged lower on Tuesday. In the European session, USD/JPY is trading […]
EURJPY Develops Beneath 200-Day SMA
EURJPY lost 12% from multi-year high Short-term bias skewed to the upside, but caution needed […]
Crude Rallies on Mid-East, Libya Tensions
The week started on mixed feelings. The rising geopolitical tensions in the Middle East, and […]