Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of USDJPY, exclusively presented in the members’ area of our website. As our members know USDJPY has Read more…
The Australian dollar edged lower but recovered in the Asian session. AUD/USD is showing little movement in the European session, trading at 0.6660. RBA minutes: members discussed rate hike The minutes of the Reserve Bank Read more…
The EUR/USD pair is gently declining towards 1.0858 on Tuesday but remains within a medium-term range. This week sees few significant US statistics releases, which could provide investors with insights into future interest rate movements. Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early Tuesday trading, while the dollar slipped lower and Treasury yields steadied, as investors looked to Nvidia’s first quarter earnings later Read more…
Eurozone goods exports fell -9.2% yoy to EUR 245.5B in March. Goods imports fell -12.0% yoy to EUR 221.3B. Trade balance recorded EUR 24.1B surplus. Intra-Eurozone trade fell -12.4% yoy to EUR 222.1B. In seasonally Read more…
According to confirmed information, Iranian President Ebrahim Raisi, considered a potential successor to the country’s supreme leader, Ayatollah Ali Khamenei, died in a helicopter crash in a mountainous area near the border with Azerbaijan. The Read more…
Despite the cooling labour market in the US and declining inflation, the American currency continues to move towards new highs. For instance, the USD/JPY currency pair might update the current month’s high at 156.70, the Read more…
EURJPY holds well above uptrend line RSI stands near 70 level Next target at multi-year peak EURJPY is rallying sharply higher after the strong bounce off the 164.00 support level and the medium-term ascending trend Read more…
Markets Markets took a slow start to the new trading week. An empty eco calendar facilitated the status quo. Cleveland Fed Mester said that inflation risks moved up in Q1 while the economy was a Read more…
Daily Pivots: (S1) 197.76; (P) 198.21; (R1) 199.01; More… Intraday bias in GBP/JPY remains on the upside. Current rise from 191.34, as the second leg of the corrective pattern from 200.53, should target 100% projection Read more…