USD/JPY Technical Analysis: The USD/JPY pair is holding steady around the 149.50 mark, staying just below the key 150.00 resistance level. If the pair breaks above this, we could see a rally towards 150.40 or higher. On the flip side, 149.00 is...
General Points of EURJPY: I believe today the EURJPY market will remain in favor of the sellers. The pair is currently trading around the 163.50 level, showing signs of downward momentum. This week, the ongoing G-20 meetings have not provided much...
Silver Price Forecast On Monday we mentioned that the choice of the next US Treasury Secretary could prove a banana skin for US asset markets. However, it now looks (according to betting markets) that ex-Fed member Kevin Warsh is the front-runner...
The AUD/USD currency pair experienced a brief recovery on Thursday, bouncing from recent lows. This rebound was primarily driven by a weaker US Dollar and supportive comments from Reserve Bank of Australia (RBA) officials. The US Dollar weakened...
THE CURRENCY PAIR GBP-USD Yesterday GBP/USD gave a decent correctional pullback, and the pair reached a depth from which it was very attractive to buy—for me, this is the zone around the level of 1.2644. And yesterday it was tested many times; the...
