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USDJPY Implied Volatility Suggests Traders Ready for Fireworks

Posted by By 17/01/2023Posted inForex
From its trough against the US Dollar less than three months ago, the Japanese Yen has rallied an incredible 16 percent. This backdrop tempo is combining with anticipation for the…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY

Posted by By 17/01/2023Posted inForex
The US Dollar is grasping for support but attention for the early portion of this week will be squarely focused on the Bank of Japan for tonight’s rate decision.
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German Dax Rally Remains Intact Despite Slowing Momentum

Posted by By 17/01/2023Posted inForex
The German Dax 40 index has followed major stock indices higher, finding support above prior resistance the key psychological level of 15,000. Can bulls retest 15,400?
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Gold Prices Slip But Bulls Still In Control, Eyeing $2000

Posted by By 17/01/2023Posted inForex
Gold is probably due a little consolidation after a breakneck run higher since the end of 2022 as inflation worries have eased
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FTSE Pauses Ahead of All-Time High as Solid Jobs Data Buoys Sterling

Posted by By 17/01/2023Posted inForex
The FTSE index outperformed most major indices last year and continues that momentum in early 2023. However, early signs of slowing momentum have appeared
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Euro Latest – German Economic Sentiment Rebounds, EUR/USD Unmoved so Far

Posted by By 17/01/2023Posted inForex
German economic sentiment jumped sharply in January and is at its highest level for nearly a year, boosted by a more promising energy market.
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How to use the PPI in Forex Trading

Posted by By 17/01/2023Posted inForex
Inflation rate can determine the value of a country’s currency. Learn how the PPI impacts forex.
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British Pound Latest – GBP/USD Pushes Higher on UK Jobs Data

Posted by By 17/01/2023Posted inForex
UK wages are continuing to rise at a rapid rate but persistently high inflation means consumers continue to see their real wages fall.
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Shanghai Composite Index Technical Outlook: Rally Losing Steam?

Posted by By 17/01/2023Posted inForex
Chinese equities have run into stiff resistance suggesting that the nascent rally could be about to pause. What are the signposts to watch?
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Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?

Posted by By 17/01/2023Posted inForex
The Japanese Yen went lower again today as the market eyes the Bank of Japan meeting tomorrow where further tightening cannot be ruled out. Will a tilt see USD/JPY make…
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