Japanese Yen Forecast: Technical Trade Setups on USD/JPY, EUR/JPY and GBP/JPY
This article examines the short-term technical outlook for the Japanese yen, focusing on three popular and highly liquid currency pairs: USD/JPY, EUR/JPY and GBP/JPY.
This article examines the short-term technical outlook for the Japanese yen, focusing on three popular and highly liquid currency pairs: USD/JPY, EUR/JPY and GBP/JPY.
US yields and the dollar have responded in a big way to strong US data that continues to defy logic. Talk of cautiousness and data dependency may fuel USD upside
Gold prices took the prospect of higher US rates for longer as poorly as you might expect, but geopolitics have limited their falls
GBP/USD is like all other major pairs focused on the extent to which the Fed will underwrite the markets’ new rate-cut views
US markets are little-changed, but in China indices have been rallying hard on more promises of state support for stocks.
AUD/USD witnessed broad-based gains after the RBA failed to rule out another rate hike in efforts to contain inflation
In this article, we delve deep into the fundamental and technical outlook of the U.S. dollar, with a special emphasis on USD/JPY, EUR/USD, and GBP/USD. Additionally, we highlight critical price levels on these pairs for the upcoming trading sessions.
Gold prices fell with greater momentum at the start of what is meant to be a quiet week on the economic calendar front. US yields and the dollar continued to rise after NFP
The Euro was already under pressure against the Dollar thanks to a storming US labor market. More evidence of Germany’s economic woes only added to it
The US benchmark is closing back in on December’s lows despite a US jobs report which doesn’t exactly look awful for energy demand