USDJPY edges lower after hitting levels just ticks away from 160 barrier, which many see as a trigger for intervention, as Japan’s authorities intervened at the end of April when the pair cracked 160 barrier. Read more…
Market Picture The cryptocurrency market was falling to a total capitalisation of $2.2 trillion at the end of the day on Monday but managed to add over 2% to the lows, recovering to $2.25 trillion, Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher Tuesday, with tech stocks leading the early advance, as investors looked to rebound from the Nasdaq’s biggest single-day decline in more than Read more…
CADJPY surpasses key resistance levels, but enters overbought zone Next resistance at 117.93; support at 115.80-116.00 Canadian CPI inflation due for release at 12:30 GMT CADJPY is in the third consecutive week of gains, having Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s that time of year when shoppers are awaiting Amazon’s official Read more…
Gold retreats after unsuccessful break above 50-day SMA The price extends its structure of lower highs Momentum indicators turn bearish Gold had been in a steady recovery from its recent one-month low, which led to the price Read more…
FX intervention chatter returns, but is it enough for the ailing JPY? USD/JPY at psychological 160.00 handle. EUR/JPY prints morningstar candlestick pattern, hinting at the potential for further upside. Fundamental Overview The Japanese Yen continues Read more…
By the end of last week, the American currency traded rather mixed: The USD/JPY currency pair strengthened by more than 200 pips and almost tested the significant resistance level at 160.00. The USD/CAD pair failed Read more…
Daily Pivots: (S1) 201.51; (P) 202.11; (R1) 203.09; More… Intraday bias in GBP/JPY remains on the upside for 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way Read more…
Daily Pivots: (S1) 170.60; (P) 171.03; (R1) 171.76; More… Intraday bias in EUR/JPY is turned neutral with current retreat. Some consolidations could be seen first but further rally will remain in favor as long as Read more…