The USD remains on the defensive below the year-to-date (YTD) top set last Thursday as bulls pause for a breather following the post-US election blowout rally. Any meaningful USD depreciation, however, seems elusive in the wake of expectations that...
USD/JPY Greetings and Good Morning to everyone! On Friday, we saw a market of USD/JPY at 154.30 zone. Therefore, the buyers were stable and it was time to come back. So, I expect that the sellers will push the market of USD/JPY below the 154.00 zone...
Technical Analysis USD7JPY D-1 Chart Hello, mate! Congratulations on the start of a new trading week! As for USD/JPY, the daily chart highs make it all clear: the move has been charged in an ascending channel since mid-October. Right now we are...
The EUR/JPY currency pair is currently trading around the 162.755 level, and recent market trends indicate a bearish inclination. While the pair has seen a slow and steady movement downwards, there are signs that a significant shift may be imminent....
EUR/USD consolidates above 1.0500 as investors look for fresh cues for Fed-ECB likely interest rate action in December. Fed’s Powell emphasized that there is no need to rush for rate cuts. Fears of a US-Eurozone trade war have escalated among...
