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US Dollar Talking Points Talking Points: – US Dollar bears have put in another lower-high resistance reaction to start the week, but a heavy economic
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This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon
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rallied on Thursday, breaking two resistance (now turned into support) barriers in a row. Nevertheless, the surge was halted by the 1.1800 zone, slightly above
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EURUSD: The pair saw a strong price rally on Thursday opening the door for more gain in the days ahead. On the upside, resistance comes
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There was a central bank meeting on Wednesday, but you’d be excused for not noticing. Overnight, the Bank of Japan made no changes to monetary
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Talking Points: – Global equities remain on the move and the Nikkei has broken out from a big level of resistance over the past few
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faces further bull pressure after resuming its short term uptrend during Tuesday trading today. On the downside, support lies at the 112.00 level where a
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USDJPY: The pair now faces further bull pressure after resuming its short term uptrend during Tuesday trading today. On the downside, support lies at the
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Talking Points: – US Dollar weakness has shown quite visibly thus far on the fresh week, with the US Dollar dropping from the 95.00 area
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Greetings everyone. has been trading around 112 and below the Summer highs of approx. 113.20. USD/JPY is at a major resistance area right now. Price