On Tuesday, a Japanese official told that volatility was going up in the foreign exchange market and the Japanese cabinet is geared up towards taking all the necessary steps if the market gets excessively erratic…
Tag - jpy - japanese yen
What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?
This week brings us not so many important events in the market due to the central banks’ holidays. However, there are still some opportunities for trading!
Trade signals for December 24
USD/JPY made a big break down last week and fell until it got supported by 100-week MA at 111.00.
Despite the rate hike by Fed, the comments by the Fed Chair disappointed the market. Learn how the key currencies and gold have been trading against the weak USD today! Read the news!
Find out how to trade GBP/USD ahead of the BOE statement!
On the daily chart of EUR/JPY, the implementation of the "Broadening Wedge" pattern continues.
On the daily chart of USD/JPY, bears try to implement the combination of the "Three Indians" and "Spike and Ledge" reversal patterns based on the 1-2-3 one.
USD/JPY may have finally reached the time when it will test levels below the support line.
This week will bring us 3 central bank meetings. Let’s consider how they may turn out for market moves.
Find out the main market movers for today and the reasons behind the risk-off sentiment!