USD/JPY Nosedives Below 105.00 After Disappointing US GDP
Key Highlights USD/JPY settled below the main 106.00 support and dived below 105.00. Key resistances are forming near...
XAU/USD Analysis: Supported By 55-Hour SMA
Yesterday, the XAU/USD exchange rate tried to exceed the 1,970.00 level. During Thursday morning, the rate was testing...
USD/JPY Analysis: Consolidates Near Fibo 23.60%
On Wednesday, the USD/JPY currency pair consolidated near Fibo 23.60% at 105.03. During today’s morning, the pair maintained...
NZDUSD Forms Two Bearish Technical Events
Using the “Technical Insight” research tool under the Market Analysis tab, we have identified two bearish technical events....
GBP/USD Outlook: Bulls Approach Psychological 1.30 Barrier, Fed Eyed For Fresh Signals
Cable extends steep bull-leg into ninth consecutive day and cracks barriers at 1.2970/76 (weekly cloud top /11 Mar...
Gold Advances Suppressed By All-Time High
Gold maintains a horizontal trajectory pressed below the all-time high of 1,981 but is still in a strong...
EUR/GBP: Fresh Weakness Emerges from Bull-Trap
The cross dips on Tuesday after bulls got trapped above 0.9113 Fibo barrier (76.4% of 0.9175/0.6937), with long...
USDJPY Remains Pressured Below Key Resistance
On the U.S. economic data front, the Conference Board’s Consumer Confidence Index declined to 92.6 on month in...
WTI Futures Lacks Direction After The Jump To Almost 5-Month High
WTI crude oil futures have been on a sideline move after they reached an almost five-month peak around 42.50 in...
Currency Pair of the Week: USD/JPY
Its been a while since we have discussed USD/JPY, and for good reason. With the arrival of the...
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