Buyers react to a bullish-doji in the daily chart
Based on a softer US inflation report, USD/JPY climbs during the week by 1.14%, after a volatile last three days. USD/JPY is neutral biased, but a doji emerging in the … Read More
Based on a softer US inflation report, USD/JPY climbs during the week by 1.14%, after a volatile last three days. USD/JPY is neutral biased, but a doji emerging in the … Read More
Here is what you need to know on Friday, August 12: The risk rally that was fueled by the soft US inflation data mid-week lost its steam and the market … Read More
AUD/USD is about to finish the week with losses of 1.10%. A bearish-engulfing candle pattern and the RSI’s crossing below 50 are two reasons that could tumble the AUD/USD. AUD/USD … Read More
In light of the recent price action, AUD/USD could now revisit the 0.7040 region in the next weeks, comment FX Strategists at UOB Group Lee Sue Ann and Quek Ser … Read More
DXY reverses the recent weakness and approaches 107.00. US yields advance marginally across the curve on Monday. The Chicago Fed National Activity Index will take centre stage later. The greenback, … Read More
USD/JPY gained 1.80% in the week, extending its rally to the seventh consecutive week. USD/JPY Price Analysis: Divergence between price action and RSI spurred a pullback, though a daily close … Read More
The USD/JPY has been trading in a choppy 100 pip range for the last five days. The major seesawed spurred by the assassination of Japan’s ex-PM Abe and upbeat US economic … Read More
The USD/CAD ended the week almost flat amidst a volatile’s Friday session. Canada’s May GDP contracted by 0.2%, on its preliminary reading, a headwind for the CAD. US manufacturing data … Read More
The USD/CHF to finish the week with decent gains of 0.39%. Risk-aversion dominates Friday’s session, as throughout the whole week. The USD/CHF double top in the daily chart is still … Read More
The NZD/USD erased early week losses and finished the week flat. On Friday, recession fears abated, but growing risks remain skewed to the downside. St. Louis Fed’s Bullard commented that … Read More