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Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

Posted by By 06/12/2022Posted inForex
The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US Dollar gained and stocks dropped. Ahead, the Australian Dollar is eyeing a likely RBA rate…
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Dollar and Risk Asset Reversals Throw Off Anticipation of Major Tend Developments

Posted by By 05/12/2022Posted inForex
There was some exceptional volatility last week and the hints of tentative trend developments – most notably a breakdown of the Dollar and attempted rally for US indices. Yet, those…
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S&P 500 Technical Analysis: Trendline Resistance, 4k Support Test

Posted by By 05/12/2022Posted inForex
The S&P 500 found resistance last week at a key spot, but is this a mere speed bump for bulls on the way to a Santa rally? Or are bears…
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USDJPY Attempts to Pull Out of Bear Wave as Retail FX Traders Flip Net Long

Posted by By 05/12/2022Posted inForex
The Dollar has enjoyed a broad bounce to start the week and USDJPY is one key pair that is seeing the turn work around major technical levels. There is technical…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 05/12/2022Posted inForex
The US Dollar is starting the week with a bounce and the FOMC is in the blackout period ahead of the next rate decision.
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S&P 500, Nasdaq, Dow Jones: US Equity Futures Sink After Recent Gains

Posted by By 05/12/2022Posted inForex
S&P 500, Dow Jones and Nasdaq have lost ground after Friday’s NFP report and expectations of further rate hikes for longer supported the safe-haven Dollar, driving equities lower.
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FTSE 100 and GBP/USD Approaching Important Zones – Another Dollar Story?

Posted by By 05/12/2022Posted inForex
The FTSE 100 has gained 13% from the October lows, but can bulls further the move as an important resistance zone comes into the picture?
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US Services PMI Data Surprises to the Upside, Strong Q4 GDP in Sight

Posted by By 05/12/2022Posted inForex
America’s largest sector, the services sector achieved another expansion, rising on increased business activity and employment.
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GBP/USD Catches its Breath as the Dollar and Risk Sentiment Remain the Driving Force

Posted by By 05/12/2022Posted inForex
Cable remains overextended against the greenback as we approach key resistance levels. The 1.2500 level should cap any further gains ahead of the FOMC and BoE meetings.
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How Forex Traders Use ISM Data

Posted by By 05/12/2022Posted inForex
Forex traders closely watch ISM monthly manufacturing reports. Learn to trade using ISM data.
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