Today's analysis: USDJPY Set to Rise Amid Bank of Japan Policy Shift
USD/JPY (USD/JPY), an increase is expected as the Bank of Japan may reduce bond purchases and lay the groundwork for future rate hikes. Technical indicators show an ongoing uptrend with resistance around 157.8 to 160.
GemForex - weekly analysis
A Rat Race to the bottom in the rescue of the Dollar
GemForex - weekly analysis
Analysis for the week ahead: Markets remain worried by global recession fears
Euro (EUR) Price Outlook: No End Yet in Sight for EUR/USD Weakness
EUR/USD continues to tumble, with no sign yet of a rally or even a near-term bounce.. The pair has dropped already beneath the support line of a downward-sloping channel in place since late May this year to its lowest level since July 2020 and there is now little support between here and 1.1170. From a fundamental perspective, the Euro is suffering from a continued insistence by the European Central Bank that much higher Eurozone interest rates are not needed.
British Pound Technical Analysis - GBP/USD, EUR/GBP
BRITISH POUND, GBP/USD, EUR/GBP - TALKING POINTS
EUR/USD Testing Support Ahead of the Latest US Jobs Report (NFP)
EUR/USD Price, Chart, and Analysis
EUR/USD, EUR/JPY Rates Rebound Off Lows after September ECB Meeting
Euro rates have seen volatility around the September ECB meeting as outgoing President Draghi's alter ego “Super Mario” made an appearance.
EURGBP Price Probes One-Year High as Rally Reignites
The three-month EURGBP rally continues unabated despite the EUR struggling against other currencies. GBP remains weak but the pair are currently flashing an overbought warning.
EURUSD Price - Bulls Clash with Technical Resistance
The Euro continues its battle with the US dollar and may push higher if the 200-day moving average finally gives way.
EURUSD Price Outlook Steered by US Dollar Sentiment and Data
EURUSD price action remains under the influence of the US dollar and this is likely to increase with an EU data void through the rest of the week.
US Dollar, Yen Rise as Currencies Question Wall Street Optimism
Currency markets are showing all the telltale signs of risk aversion despite exuberance on Wall Street even as S&P 500 technical positioning flashes warning signs.
Euro Eyeing Italian Leading Indicators - Political Obstructions Ahead
The Euro will be watching the release of several Italian leading indicators as the country wrestles with a technical recession and prepares for political obstructions ahead.
EURUSD Price Nudges Higher; Trading Range Throttled
EURUSD touches its highest level in nearly three-weeks as the US dollar turns lower, but trading ranges remain prohibitively tight.
Yen May Rebound as US Banks Report First-Quarter Results
The anti-risk Japanese Yen may return to the offensive as US banks JPMorgan and Wells Fargo report first-quarter results, highlighting a slowdown in global growth.
Yen, US Dollar May Rise as Grim ECB, FOMC Sour Market Mood
The anti-risk Japanese Yen and US Dollar may rise as a dovish tone in the ECB policy announcement and March Fed meeting minutes undermine market sentiment.
EURUSD Likely to Move Lower but Oversold Signal Flashing
The Euro looks oversold by one closely flowed indicator but that doesnt mean it should be bought. Any rally should be looked at as a potential short set-up.
EURUSD Price Pushed Lower as German Export Sentiment Crumbles
Business confidence in Germany has ‘clearly deteriorated’ according to the latest ifo Export Expectations, weighing further on an already weak Euro.
Dovish FOMC, BoE Rate Decision, Euro Finds a Bid - US Market Open
The US dollar is on the backfoot after last night‘s dovish FOMC pulled the rug from under the greenback. Coming up, the Bank of England’s latest policy decision will be confined by ongoing Brexit chaos.
Sterling (GBP) Price Analysis, Charts and Pivot Points
Sterling remains underpinned despite the ongoing Brexit shambles. The EURGBP chart remains pointed to the downside and further falls are likely.
GBP Traders Groan on Brexit Delay - EUR/USD Eyeing Local Event-Risk
Sterling traders may have to endure a few more weeks of Brexit-related uncertainty as the EU-UK divorce continues to unravel. EUR/USD will be watching local