USD/JPY Sets New 24-Year High Above 140, US NFP Next
Key Highlights USD/JPY gained pace and rallied to a new 24-year high above 140.00. A major bullish trend...
AUDUSD Edges Higher Within Symmetrical Triangle; Neutral in Medium-Term
AUDUSD is finding strong support near the short-term ascending trend line and the 0.6855 barrier, after it spiked...
GBPUSD Corrects Higher, But Stays in a Downtrend
GBPUSD traded higher on Friday, after hitting support at 1.1770. The pair has been printing higher lows since...
EUR/USD Pair is Consolidating Losses Near the Parity Level
The Euro settled below the key parity level against the US Dollar. The EUR/USD pair is consolidating losses...
GBPJPY Trades Lower Within Descending Triangle
GBPJPY is heading south, and it has been holding within a descending triangle pattern since June 9. Currently,...
USDCAD Stuck Below 1.3026 for Another Week
USDCAD could not find enough buyers to sustain Monday’s bullish extension above the flattening 200-weekly simple moving average (SMA)...
USD Still Bullish ahead of Jackson Hole
The markets are slow with stocks stabilized a bit ahead of the Jackson Hole event. The USD bulls...
ETHUSD Aims for Recovery as 50-day SMA Caps Decline
ETHUSD (Ethereum) has been experiencing a downside correction after its short-term uptrend failed to cross above the 2,030...
European and US PMIs weaker; EUR/USD remains near parity
With the Jackson Hole Symposium this Thursday and Friday and the Fed stating that it is “data dependent”,...
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