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Japanese Yen Roars on BoJ Policy Adjustment. New Lows for USD/JPY?

Posted by By 20/12/2022Posted inForex
The Japanese Yen leapt higher against the US Dollar today after the Bank of Japan changed their yield curve control target range. Where to for USD/JPY?
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S&P 500 Slide is Stretched While Majors Positioned for Various Reversals

Posted by By 20/12/2022Posted inForex
The S&P 500 carried over the bearish momentum that risk trends experienced last week, but the index looks stretched and faces significant technical barriers ahead. Meanwhile, the Dollar-based majors are…
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S&P 500, Dow Jones, Nasdaq 100 Sink as Treasury Yields Climb, APAC Stocks at Risk

Posted by By 20/12/2022Posted inForex
The S&P 500, Dow Jones and Nasdaq 100 sank on Monday as Treasury yields rallied, extending moves from last week. This is leaving APAC equities, like the Nikkei 225 and…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD

Posted by By 19/12/2022Posted inForex
The US Dollar printed a doji for last week’s candle after running into support at the prior 2017 swing high, but can EUR/USD and GBP/USD force bearish turns?
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USDJPY, AUDJPY and CADJPY: Can the BOJ Trigger Loaded Technical Patterns?

Posted by By 19/12/2022Posted inForex
While many of the major central banks have already closed their books on their policy for 2022, the Bank of Japan will decide its last effort Tuesday morning. Though it…
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Gold, Silver Price Forecast: Gold Attempts 1800 Hold, Silver Fibonacci Resistance Test

Posted by By 19/12/2022Posted inForex
Gold prices are testing the 1800 handle after printing a second consecutive doji on the weekly chart.
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GBP/USD Looking to Snap Two-Day Losing Streak

Posted by By 19/12/2022Posted inForex
Cable started the week on the front foot against the dollar. Hawkish Fed outlook should keep dollar bulls in play limiting upside potential.
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How to Manage Fear and Greed in Trading

Posted by By 19/12/2022Posted inForex
Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.
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Euro Update – EUR/USD Nudging Higher on German Ifo Beat

Posted by By 19/12/2022Posted inForex
The single currency is starting the week in positive territory, helped by a better-than-expected set of German Ifo sentiment results.
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AUD/USD Forecast: Downside Potential for Aussie Despite China Policy Support

Posted by By 19/12/2022Posted inForex
AUD/USD begins the week on the front foot however, technical analysis hints at potential Aussie weakness to come.
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