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Japanese Yen Latest: USD/JPY Traders Wary of Official Intervention as 150 Nears

Posted by By 18/10/2022Posted inForex
The Japanese Yen traded at a fresh multi-decade low against the US dollar earlier in the session, and the Finance Ministry is watching closely.
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Gold and Silver Technical Outlook: Range at Best

Posted by By 18/10/2022Posted inForex
Gold continues to flirt with major support. Silver has failed to break resistance. What is the outlook and what are the key levels to watch?
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US Dollar Slides as Policy Pivots Boost British Pound and Dax 40. Higher GBP/USD?

Posted by By 18/10/2022Posted inForex
The US Dollar ascendency paused today in the aftermath of a UK fiscal switch in policy and hopes of less aggressive tightening from the ECB and the BoE. Will GBP/USD…
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Dollar Retreat and S&P 500 Rebound Shouldn’t Solidify Trader Confidence

Posted by By 18/10/2022Posted inForex
The week has opened to a sharp gap higher from benchmark ‘risk’ measures like the S&P 500, but there is reason to question conviction even if the breadth of the…
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EUR/USD and EUR/GBP Technical Outlook: Time for a Pause?

Posted by By 18/10/2022Posted inForex
EUR/USD’s slide could pause for now. EUR/GBP appears to be well-established in its multi-month sideway channel. What is the outlook and the key levels to watch?
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Natural Gas Forecast: EU Storage Progress, Warm Weather Deal Blows to US, EU Prices

Posted by By 18/10/2022Posted inForex
Natural gas prices fell sharply in the United States and Europe on Monday as warm weather, improving stockpiles, and proposed action by the EU dragged on the commodity’s fundamental drivers.
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New Zealand Dollar Elevated by Rate Hike Risk. Will NZD/USD Rally Continue?

Posted by By 18/10/2022Posted inForex
The New Zealand Dollar continued to firm after a scorching third quarter CPI number saw expectations of the RBNZ lifting rates higher for longer. Where to for NZD/USD?
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USD/JPY Rally Pushes RSI Into Overbought Territory

Posted by By 18/10/2022Posted inForex
USD/JPY may continue to appreciate over the coming days as the Relative Strength Index (RSI) climbs back into overbought territory.
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Dow Jones Soars, Bank of America Undermines Recession Woes. ASX 200 May Rise

Posted by By 18/10/2022Posted inForex
Dow Jones futures soared as Bank of America earnings undermined US recession fears, boosting risk appetite. Australia’s ASX 200 could be looking forward to a rosy day ahead.
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AUD/USD Rises From Oversold Levels Ahead of RBA Minutes

Posted by By 17/10/2022Posted inForex
The risk-sensitive Australian Dollar is trading higher ahead of the RBA’s policy minutes, which may set the tone for AUD/USD over the next 24 hours. China’s GDP data was delayed…
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