Fundamentals Improving the Sentiment in the US Session
USD/JPY has picked up the pace as buyers gain more confidence on positive comments and higher GDP revisions Full Article
The Fight Continues in USD/JPY As It Bounces Between 2 MAs
USD/JPY remains stuck between two moving averages, as traders are trying to get a better picture for the risk sentiment Full Article
Forex Signals Brief May 5: US, Canada Employment to Show Signs of Weakness
The ECB raised rates by 25 bps yesterday, following the FED hike on Wednesday, while today US and Canadian employment are expected to be wea Full Article
Forex Signals Brief for May 3: The Final FED Hike Is Here
Yesterday the RBA surprised with a unexpected 25 bps hike, while the FED is expected to deliver the last rate hike today Full Article
Core Inflation Starting to Fall in Europe
Headline inflation ticked higher in April in the Eurozone, but core inflation which is more important ticked lower to 5.6% Full Article
New BOJ Governor Ueda Sends EUR/JPY Above 150
EUR/USD broke above 150 for the first time since the 2008 financial meltdown, which opens the door for further gains Full Article
Forex Signals Brief for April 19: UK Inflation Held Above 10% Again
Yesterday the consumer inflation report showed a slowdown in Canada, while today the UK CPI fell below 10% for the first time since June Full Article
Forex Signals Brief for April 18: Inflation Expected to Slow in Canada Too
Yesterday the USD continued the bullish momentum from Friday after positive manufacturing dat, while today we have the CPI from Canada Full Article
USD Continues the Comeback, After Strong Empire State Manufacturing
The USD has resumed the uptrend after the jump in New York Empire State manufacturing index for this month Full Article
Forex Signals Brief for April 17: Will Markets Continue Last Friday’s Reversal?
Last week we saw high volatility in markets, with the USD starting it bullish, then tumbling lower on soft inflation but finishing bullish a Full Article
EUR/USD Returns Above 1.10 for the First Time Since March 2022
EUR/USD finally made a decisive push above 1.10 yesterday and it is holding the gains unlike in early February, which is a bullish sign Full Article
USD Completes Another Leg Down After Softer PPI Numbers
The negative news keeps coming for the USD, as producer inflation posts a decent decline in March, indicating further slowdown in CPI later Full Article
Will the Larger Bullish Trend Hold in EUR/JPY?
EUR/JPY has been bullish for a year, but the uptrend will be put into question as the global economic data starts to deteriorate Full Article
Another Bullish Reversal Test for EUR/JPY
EUR/JPY has gained 40 pips but it is facing the 200 SMA now which has acted as resistance before Full Article
EUR/JPY Likely to Turn Bearish at the 200 SMA, As ECB Slows
EUR/JPY is forming a bearish reversing chart setup and fundamentals are pointing down as well Full Article