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Category: Cryptocurrencies

Cryptocurrencies

Japanese Yen Analysis: USD/JPY Breaks Out Despite Bearish Seasonality

USD/JPY takeaways USD/JPY is rallying strongly today, gaining nearly 150 pips to trade at its highest level in a week. The yen the weakest major currency on the day and the week, despite the normally-bullish Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

Japanese Yen Analysis: USD/JPY Breaks Out Despite Bearish Seasonality

USD/JPY takeaways USD/JPY is rallying strongly today, gaining nearly 150 pips to trade at its highest level in a week. The yen the weakest major currency on the day and the week, despite the normally-bullish Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

Japanese Yen Analysis: USD/JPY Breaks Out Despite Bearish Seasonality

USD/JPY takeaways USD/JPY is rallying strongly today, gaining nearly 150 pips to trade at its highest level in a week. The yen the weakest major currency on the day and the week, despite the normally-bullish Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

Sunset Market Commentary

Markets The core bond yield rally dwindled in European morning trading. Yields were even down a few bps before finding a bottom already around noon. Rates were more or less flat when European investors met Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

Silver Returns to the December-February Rectangle

Silver has completed a 2-month round trip. The bears managed to take over the market and push it down to 19.88, only for the bulls to react forcefully during March. And we are back at the lower Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

EUR/USD: Euro Extends Advance as Tensions in Banking Sector Continue to Ease

The Euro extends steep recovery into third straight day, lifted by renewed risk appetite on easing fears of deeper crisis in banking sector. Strong bullish acceleration has so far retraced over 61.8% of last week’s Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

EUR/USD: Euro Extends Advance as Tensions in Banking Sector Continue to Ease

The Euro extends steep recovery into third straight day, lifted by renewed risk appetite on easing fears of deeper crisis in banking sector. Strong bullish acceleration has so far retraced over 61.8% of last week’s Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

AUD/USD – Aussie Falls as Inflation Dips

The Australian dollar is trading at 0.6670 in Europe, down 0.57%. Australian inflation was lower than expected, raising speculation that the Reserve Bank of Australia might pause at its April meeting. RBA keeping eye on Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

AUD/USD – Aussie Falls as Inflation Dips

The Australian dollar is trading at 0.6670 in Europe, down 0.57%. Australian inflation was lower than expected, raising speculation that the Reserve Bank of Australia might pause at its April meeting. RBA keeping eye on Read more…

By , 3 years ago March 29, 2023
Cryptocurrencies

USDJPY Stays Above 130.00; Outlook Still Grim

USDJPY resumed its bullish momentum early on Thursday, sustaining a strong foothold within the 130.00 area and around the short-term ascending trendline that has been navigating the market since the start of the year. The RSI is following Read more…

By , 3 years ago March 29, 2023

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