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Japanese Yen is on the Slide as the Fed and Bank of Japan Return to their Corners

Posted by By 30/06/2023Posted inForex
The Japanese Yen backed away from 145 against the US Dollar after some verbal intervention but interest rate differentials are reaccelerating in favour of USD. How high will USD/JPY go?
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China/Hong Kong Indices Steady After PMI Data: Hang Seng, Shanghai Composite Price Action

Posted by By 30/06/2023Posted inForex
China/Hong Kong equity indices were steady amid hopes of a broader stimulus after data showed manufacturing activity in China rose slightly while non-manufacturing activity softened in June. What is the…
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Asia Day Ahead: Economic Resilience Well-Received in US; Key Inflation Data Looms

Posted by By 30/06/2023Posted inForex
A significant upward revision in the final read for US first-quarter GDP data adds to the list of positive economic surprises in the US lately, with economic resilience aiding to…
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Japanese Yen Setups: USD/JPY Buoyed by US Data, GBP/JPY Wavers at Resistance

Posted by By 29/06/2023Posted inForex
This article examines USD/JPY and GBP/JPY from a technical analysis perspective, analyzing possible scenarios in the event that key price levels are invalidated or maintained.
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Gold Prices Teeter on Brink of Breakdown as US Yields Fly High Following US Data

Posted by By 29/06/2023Posted inForex
Gold prices could head lower in the near term if strong U.S. economic data lead the Fed to deliver additional monetary tightening in the coming months.
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Euro Breaking News: German CPI Breaks Disinflationary Trend, Euro Dips

Posted by By 29/06/2023Posted inForex
Inflation during the month of June proved too hot, halting progress to the developing disinflationary trend. Euro eases
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Bitcoin (BTC/USD) Needs a Confirmed Break of $31k to Regain Bullish Momentum

Posted by By 29/06/2023Posted inForex
Bitcoin is consolidating its recent sharp gains and may push further ahead if near-term resistance can be taken out.
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Dow, Nasdaq 100 and CAC40 make headway

Posted by By 29/06/2023Posted inForex
​Indices have continued to recover from the lows of the week, and look set for more gains.
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Silver (XAG/USD) Price Forecast: Silver Selling Meets Support

Posted by By 29/06/2023Posted inForex
Silver selling abates as prices consolidate into a pennant formation. Levels for bearish continuation identified
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Australian Dollar Fails to Firm on Strong Data as US Dollar Gains. Lower AUD/USD?

Posted by By 29/06/2023Posted inForex
The Australian Dollar backed away from higher ground after the US Dollar ascendency got back on track as markets digest the Federal Reserve’s prospective rate path. Where to for AUD/USD?
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