Tag - jpy - japanese yen

May 7: risk off
May 7: risk off

The market is submerged into an overall risk-off mood, with the AUD getting strong on recovering China and the GBP boosted by the BOE announcements, while the USD and the EUR are weak.

May 2020 forex season trading
May 2020 forex season trading

April seasonal patterns weren’t supposed to work, but somehow they did. Even a strong fundamental issue such as the global recession amid the coronavirus couldn’t overwhelm it. That’s why May seasonal patterns may work as well.

April 27: Risk on
April 27: Risk on

The market starts the week with risky appetites: the AUD and the NZD rise, in line with the GBP/USD and the EUR/USD.

AUD: the MAs pincers
AUD: the MAs pincers

The Australian dollar's price performance against the USD and JPY offers an interesting chart formation. Where does it go?

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