USD/JPY has been rising for almost a week except for Monday, but the strong resistance of the 50-day moving average at 105.80 may stop it from moving higher.
Tag - jpy - japanese yen
European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington
EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
Asian stocks began the week mostly higher as the region picked up the baton from last Friday’s tech-driven momentum on Wall Street.
Some trends will get broken this week - watch the video for essential tactical information in the fields of Forex!
U.S. stocks are set to open lower Friday, continuing the recent selloff with investors' confidence hit by a combination of pandemic, economic and political worries
European stock markets largely weakened Friday, with investors concerned that the second wave of Covid-19 cases will halt the region’s nascent recovery.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US democrats are planning to unveil $2.2 trillion dollars to support the economic activity. That announcement improved the market sentiment after the worse-than-expected US unemployment claims. Jump in for the analysis of EUR/USD, USD/JPY, S&P 500 and gold!
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
The GBP is likely to move upward until it reaches the resistance of 1.2795.