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Last week’s post-US NFP rebound has given NZD/USD some breathing room, but it has done little to convince traders that the recent downtrend has run its course. With the Reserve Bank of New Zealand set Read more…
Key Highlights EUR/USD started a recovery wave and tested the 1.1475 resistance. A rising channel is forming with support at 1.1395 on the 4-hour chart. GBP/USD started a recovery wave and climbed above 1.3300. USD/JPY Read more…
USD/JPY was the main focus for many traders last week, moving above 162 as markets tested the Japanese government’s willingness to intervene. Intervention warnings from Japanese officials, together with rumors that intervention may have started, Read more…