The last week was certainly a volatile one for the major currency pairs. The GBPUSD saw the biggest movement falling to the lowest level on record, and the EURUSD also reached to a new low for...
Weaker than estimated UK economic data and UK’s new budget fueled UK’s recession fears. A break below the 200-EMA officially shifted the GBP/JPY as bearish biased. GBP/JPY plunged more than 450 pips or 2.93%...
Eurostoxx -0.6% Germany DAX -0.7% France CAC 40 -0.6% UK FTSE -0.3% Spain IBEX -0.3% It’s not a good look for stocks towards the end of the week as we are seeing markets start...
Kurs USD/JPY rośnie w ciągu tygodnia o prawie 1,50%. Pochłaniająca byka formacja świecowa na wykresie dziennym otwiera drzwi do dalszych wzrostów. W najbliższym czasie na kartach widać spadek w kierunku 134,00. Kurs USD/JPY wzrasta...
GBP/JPY struggles to defend the first daily gains in three. UK Retail Sales prints mixed details in June, ex-Fuel figures on MoM jumped. 100-HMA, two-day-old resistance line guards immediate upside. 50%, 61.8% Fibonacci retracement...
There are a couple of large ones to take note of for today, as highlighted in bold. The first being for EUR/USD at 1.0150-55, so that could see price action more anchored around said region...
In FX, narrow ranges are prevailing with the dollar keeping more mixed so far. EUR/USD is holding at 1.0580 but keeping within a 15 pips range to start the day. The only notable movement...
Markets are looking pensive to start the day, with light changes overall. The early optimism in equities to start the new week was quickly dashed and that is keeping a more cautious undertone as...
Market tones are looking calmer again as we get into European morning trade, with stock futures pulling higher to start the session. S&P 500 futures are up 17 points or 0.4% and the better...
As the risk mood improves on the day, we are seeing USD/JPY start to track higher again with the pair now touching 135.75. After some pushing and pulling around 135.00 in the past few...