4 Questions You Need to Ask Yourself for Tomorrow's Trading
Strap on your seatbelts, folks. We're about to see a lot of movement in tomorrow's trading! Read my article and learn how you can better brace yourselves for what could be a Wild Wednesday in the forex market!
USD/JPY Trading in a Head and Shoulders Pattern Ahead of
Head and Shoulders: After pushing to 103.30 on the back of a good UofM consumer sentiment reading, the USD/JPY has stalled to start the week, coming down to about 102 before finding support. The market remains in this range, but has also started
USD/JPY: BoJ Monetary Policy Meeting Outcome Awaited
For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 102.15.The Yen continued to trade higher on Japan Economy Minister, Akira Amari’s comments on the negative effects of excessively weak domestic currency.
Japanese Mostly Lower Today
Japanese yen is mostly lower today, following an earlier rally. Comments from a government official sent the yen a little higher against its major counterparts, but now the yen is settling down into weaker territory as the fundamentals are consid
Analyzing chart patterns: flags
It is a trend continuation pattern that can be on various time frames and may last from a few days to a few months. It is rectangular in shape and can be formed in various angles. A flag indicates that a security is in consolidation pattern and m
CURRENCIES : Yen Struggles Against The Dollar - 4 Traders
Gains for the dollar accelerated after the Bank of Japan in April formally announced a two-year easing campaign aimed at stimulating economic growth and defeating years of deflation. Yen weakness has helped bolster profit for many Japanese exporters ...
The Geppy To Inch Higher?
Hello everyone!!! My today’s pick in the forex market is the GBP/JPY...
Asian stocks mostly lower as BoJ meets; Nikkei up 0.04%
The Bank of Japan has enacted massive monetary easing measures to steer the country away from deflationary decline and more towards growth, with the yen plunging to lows against the dollar not seen since 2008. Hong Kong's Hang Seng fell 0.30% while the ...
Australian Dollar Outlook - 21 May 2013
The USD recent rally has been mainly driven by investor expectation the US Federal Reserve will soon end its economic stimulus program following such positive and encouraging US economic data. So it's expected that if Mr Benanke drops even the ...
Intraday Statement: JPY Recovery Lost Steam, Markets Consoli
Markets are relatively steady in thin holiday trading today. Yen recovered earlier today but there was no follow through buying so far. Dallas Fed Fisher said today that he saw the economy "picking up as they go through the year" and might even g
Elliott Wave Forecast: EUR/JPY - Buy at 131.35
Despite intra-day brief fall to 130.93, as the single currency found good support there and has rebounded, suggesting consolidation within 103.93-132.78 (last week's high) would be seen with mild upside bias for another rebound, however, break...
Ichimoku Signal Wrap-up: USD/JPY - Stand aside
Dollar's retreat after Friday's brief rise to 103.31 suggests a minor top is possibly formed there and consolidation below this level would take place with mild downside bias, below the Ichimoku cloud bottom (now at 102.49) would bring another te


