USD/JPY updates by Nick Cawley
The Yen is one of the top three most-traded currencies in the world, which makes it powerful among other currencies due its low interest rates. Japan has recently faced deflation […]
The Yen is one of the top three most-traded currencies in the world, which makes it powerful among other currencies due its low interest rates. Japan has recently faced deflation […]
Downside risks prevailed on Thursday, thus guiding Gold past the 55-, 100– and 200-hour SMAs and down to 1,223.00. This has revealed the existence of an ascending triangle. The upper […]
The most important development which disrupted the steady sideways movement of the USD/JPY pair was the 52-pip plunge during the second part of Thursday. This resulted in a breakout of […]
Yesterday, 11.07.2018, at about 01:00:00 GMT time, the currency pair USD/JPY shows the unexpected uptrend, which has broken the channel and had been increasing by 186 pips for the last […]
The 55-, 100-hour SMAs continued to provide upward pressure for the NZD/USD currency pair as a result of which the New Zealand Dollar broke out from the upper boundary of […]
The Greenback weakened against the European single currency, following the US Final GDP data release on Thursday. The EUR/USD currency pair gained seven pips, or 0.06%, to continue fluctuating in […]
The yellow metal continues to weaken against the US Dollar for the fifth consecutive session. This movement has been guided mainly by the 55– and 100-hour SMAs; thus, these moving […]
Gold finally managed to overcome the strong one-week resistance of the 50.00% Fibonacci retracement and the monthly PP at 1,302.00 on Thursday. A further surge, however, did not follow, as […]
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