USDJPY's Bearish Reversal Stalls, Are Japanese Policy Authorities In for More Pain?
This past week’s range echoes the congestion across the broader market with short-term – and likely short-lived – breaks a tangible risk
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This past week’s range echoes the congestion across the broader market with short-term – and likely short-lived – breaks a tangible risk
There was some much needed respite among the major global equity indices this past week, but that relief was likely a by-product of the liquidity drain before a holiday weekend. With growth forecas...
GBPUSD Price Forecast: Either a New Phase of 15-Month Bull Leg or Reversal 2021-05-30 00:00:00 John Kicklighter, Chief Strategist GBPUSD, EURGBP, GBPJPY and GBPAUD Technical Forecast Talking Points: GBPUSD is just below the midpoint of the range carved out over the previous 7 years with the smallest 8-day range since June 2019 A Sterling break seems a high probability in the proximate future (next few weeks) but broader market conditions will dictate timing Among the Pound crosses, GBPJPY stands out as it ended this past week with a charge to a 5-year range high Technical Forecast for British...
(MENAFN - DailyFX) AUDUSD, AUDJPY and AUDNZD Technical Forecast Talking Points: AUDUSD put in for a 1.1 percent advance this past week putting the benchmark market in striking distance of 2021 highs A larger structural bull trend is going through a period of congestion which awaits a clear break between 0.7820 and 0.7560 for AUDUSD AUDJPY is more highly tuned to risk trends with a new two-year high facing heavy Fib resistance while AUDNZD deals with congestion Technical Forecast for Australian Dollar : Bullish AUDUSD Rebound Solid but Shy of Two-Month Range Top With risk appetite u...