September 29 2021 🕓 3 min
USD/JPY trades at cycle highs ahead of Powell’s testimony
Will Powell send yields and the USD/JPY pair higher again, or is it time for a little correction?
Tag: forex
September 27 2021 🕓 3 min
EUR/JPY trades below 130 after German elections
German elections undermined the euro, but the Bank of Japan did its job and sent the JPY lower, causing the EUR/JPY cross to be stuck in a tight range.
September 24 2021 🕓 3 min
GBP/USD forms a triple bottom pattern
What a bounce on Thursday amid hawkish Bank of England, but the medium-term outlook remains neutral.
September 23 2021 🕓 3 min
EUR/USD jumps despite hawkish Fed
The USD failed to capitalize on a hawkish Fed, what happens next?
September 22 2021 🕓 3 min
EUR/USD statistical and technical analysis
Evergrande’s missed payments can shake global financial markets. In that case, the temporary winner may be the US dollar. The current price of the EUR/USD exchange rate is 1.1719 (September 21, 2021). The currency pair is again in an important support zone. Let us therefore look at statistical and technical analyzes.
September 22 2021 🕓 3 min
USD/JPY expects FOMC outcome near 109.50
Volatility will most likely be elevated after today's FOMC decision. So far, the greenback remains stronger on the day.
September 16 2021 🕓 3 min
AUD/USD slides after miserable employment data
The short-term outlook does not look so good as the Aussie is testing some serious support levels.
September 16 2021 🕓 2 min
Is DOW JONES losing its strength? What can this mean for indices in general?
The Dow Jones is one of the key indices of the world economy. Together with the SP 500 or NASDAQ, it is one of the most important indices also in the trading world. However, the last week does not look very good for this index. Because compared to the rest of the market, DOW JONES is starting to lose ground.
September 15 2021 🕓 3 min
EUR/GBP unimpressed by UK inflation data
Inflation rocketed higher in the UK, but the Pound failed to capitalize on it as the cross remains in a sideways trading regime.
September 14 2021 🕓 3 min
AUD/USD statistical and technical analysis
Today’s words from the RBA governor didn’t support the currency. Lowe doesn’t see a rate hike before 2024. The current price of the AUD/USD exchange rate is 0.7318 (September 14, 2021). In August, it rebounded from an important zone. We will therefore move on to statistical and technical analyzes.
September 13 2021 🕓 2 min
EUR/JPY defends 50-day average ahead of Lagarde speech
Friday's decline stopped at the 50-day moving average, but will the support hold?
September 10 2021 🕓 3 min
GBP/USD tests September highs despite huge GDP miss
GDP data failed to meet estimates, yet the GBP/USD pair is stronger. Is the falling USD going to dominate in the near-term?