October 27 2021 🕓 3 min
GBP/JPY defends previous highs
The trend is clear and bulls have everything under control as the BoJ remains ultra dovish, while the BoE might raise rates soon.
Tag: forex
October 23 2021 🕓 3 min
EUR/USD advances ahead of Powell’s speech
The greenback failed to capitalize on rising yields and declined instead, dropping against most of the major currencies Friday.
October 20 2021 🕓 3 min
USD/CAD hitting multi-month lows amid USD weakness, soaring oil
Broad US dollar weakness and strong oil continue to undermined the USD/CAD pair.
October 19 2021 🕓 3 min
Aussie targets 200-day average in the current leg higher
The Australian dollar hit the wall of selling orders near September highs. Will it burst through that resistance?
October 14 2021 🕓 3 min
USD/CHF loses 50-day average amid broad USD weakness
The dollar continues to decline, despite soaring rate-hike expectations.
October 11 2021 🕓 3 min
USD/JPY at three-year highs after US jobs market data
Momentum remains bullish and dips are expected to be bought as long as the greenback trades above the 111 level.
October 9 2021 🕓 2 min
EUR/USD holds minor gains after Non-Farm Payrolls
Latest US labor market data failed to spur any significant volatility in the USD, the medium-term downtrend for the pair remains intact.
October 7 2021 🕓 3 min
NZD plunges despite a rate hike, hawkish guidance
The Kiwi was hammered today, and the RBNZ failed to help. Will the bearish trend continue?
October 7 2021 🕓 3 min
EUR/JPY struggles to find direction
It looks like the EUR/JPY cross needs some strong impetus to start a new, meaningful trend.
October 5 2021 🕓 3 min
AUD/JPY trying to start another bullish wave
The AUDJPY cross remained strong despite the recent equity sell-off. Are bulls taking over?
October 1 2021 🕓 3 min
Markets bombarded by a barrage of economic data on Thursday
So many econ data today, yet the market volatility has been minimal so far. Will it continue during the US session?
October 1 2021 🕓 3 min
AUD/USD strengthens, dollar eases amid profit-taking
The AUD/USD pair jumped Friday, but it remains under a strong resistance, unable to maintain bullish momentum.