AUD/JPY Price Analysis: Bulls consolidate below 50-day SMA near 84.45
The AUD/JPY cross-currency pair extends the previous day’s decline on Thursday. The pair hovers in a close trading band while swinging back and forth.
Read More »AUD/JPY consolidates near 84.60 amid risk-off mood
The AUD/JPY cross-currency pair seesaws in the Asian trading session on Wednesday. The cross confides in a very narrow trading band. At the time of wr
Read More »Forexlive America’s FX news wrap: US jobs data doesn’t live up to expectations
Forex news for North American trading on June 4, 2021 The US employment report showed a gain of 559K (with revisions of +27K) but that was not enough to satisfy those looking for tapering…
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Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.
Read More »Euro Forecast: EUR/USD Price Outlook Still Positive, 1.22 in Traders' Sights
April’s strong rally in EUR/USD still shows no sign of losing momentum and the pair could well extend its gains in the first week of May.
Read More »Don’t expect EUR/USD to retest the January highs – Morgan Stanley
Morgan Stanley’s latest EUR/USD forecast highlights the upside risk to the EUR/USD prices despite being neutral on the regional currency Euro (EUR). A
Read More »Euro Forecast: EUR/USD Outlook Tilted to the Downside in Week Ahead
EUR/USD has been climbing gently in the past few days after its recent steep falls. However, that was probably just position-squaring ahead of further weakness.
Read More »Economic calendar due from Asia today, Friday 2 April 2021, is nearly empty
Its a holiday across much of Asia, including for me! So, I won’t be around too much but will pop in from time to time. 2350 GMT will bring data…
Read More »Fibonacci for a Multi-Market Trader’s Approach
Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.
Read More »Euro Forecast: Prepare for Possible EUR/USD Break to the Downside
EUR/USD looks ready to break out from the relatively narrow range it has traded in for most of this month. It could go either way but the downside looks more…
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