Catching the moves of EUR/JPY
EUR/JPY reversed down at the 200-week MA around 124.45. The pair became really overbought and formed a reversal pattern on the D1.
Tag - jpy - japanese yen
JPY is gaining against USD
USD/JPY dropped hugely. What’s next?
Weekly Market Outlook: June 8-12
The optimism connected with lifting the lockdown measures across the world is driving the market up…
June 8: limited optimism
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.
NFP results: USD/JPY up, gold down
Today's NFP brought us some strong data - how did Forex react?
June 4: the ECB meeting
The USD is trying to retrace losses versus other major currencies, while traders await comments from the ECB…
AUD: going pre-crisis
The AUD is the strongest currency in the Forex market these days. What are the long-term perspectives?
June 3: AUD winning, USD losing
As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.
USD/JPY: 2-week channel under question
The USD/JPY is at the lower border of the 2-week channel. Will it be broken?
Weekly Market Outlook: June 1-5
The US-China tensed relationship coupled with the US domestic unrest weakens the USD against most currencies. The AUD, oil, and gold rise.
Trade ideas on May 29
Let’s look at main movements on the market.
May 28: Risk is returning
The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.
