The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.
Daily Market Analysis
Asia-Pac bourses traded positively as the region took impetus from the record highs on Wall St. Asian shares rose to a record high and U.S. stock futures
US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.
Tesla will offer its stock the third time this year. What's the technical outlook?
USD/ZAR dropped to the low levels unseen since February as investors foresee the soon global recovery.
EUR is weakening against the CHF. What's the outlook?
Further bearish pressure will lead AUD/JPY to retest the previous lows of 77.00.
Boris Johnson flies to speak to Ursula von der Leyen face to face. Will that bring a change to the shipwrecking Brexit?
World shares and other risk assets fell on Monday as growing risks of a no-deal Brexit that hit the pound hard and fresh Sino-U.S. tensions offset bets over more fiscal and central bank stimulus in Europe and the United States.
China has published the largest monthly trade surplus in the whole history, whereas the USA is planning to sanction Chinese officials. How will this news impact the yuan?
Strengthening of the USD got both AUD/USD and NZD/USD down. How to trade it?
It’s possible that the EU and the UK can’t make a deal. Let’s look at how this scenario will impact the pound.