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Usdjpy extends to a new session high. breaks above swing area high at 145.90

The USDJPY is trading to a new session high and in the process is breaking above the 146.000 level for the first time since November 10. The high pric...

August 16, 2023, 5:35 pm

Eur/usd falls to session low as treasury yields creep higher

The US dollar is near the highs of the day across the board as broad market sentiment deteriorates. The bond market is the crux of the problem as Trea...

August 16, 2023, 5:01 pm

Elliott wave update of usdcad – august 16th, 2023

USDCAD is trading in the green for the fifth week in a row, up by over 400 pips from last month's low. ...

August 16, 2023, 9:12 am

Dollar holds lightly lower to start the session

The dollar is just a touch lower on the day, as traders are settling into European morning trade. EUR/USD is up 0.2% to 1.0925 while USD/JPY is down 0...

August 16, 2023, 7:28 am

Uk inflation on the agenda today

The dollar continues to sit in a comfortable spot this week, prepping for the next leg higher. The US retail sales data yesterday was yet another supp...

August 16, 2023, 4:25 am

Gbpusd bounces near 100 day ma and swing area.

The GBPUSD moved to a session of 1.2615. That was within 3.5 pips of its rising 100-day moving average ...

August 14, 2023, 5:13 pm

Usd/jpy hits fresh ytd top around 145.20, lacks follow-through amid intervention fears

The USD/JPY pair kicks off the new week on a positive note and touches a fresh YTD peak during the Asian session. Spot prices, however, retreat a few ...

August 14, 2023, 1:44 am

Us july ppi +0.8% y/y vs +0.7% expected

Prior was +0.1% y/y (revised to +0.2%)PPI final demand m/m +% vs +0.2% y/y expectedPrior was +0.1% m/m (revised to 0.0%)Ex food and energy:+2.4% y/y v...

August 11, 2023, 12:30 pm

Light changes among major currencies so far today

The dollar is little changed in general so far today as the market mood has calmed down after the US CPI report yesterday. As mentioned earlier here, ...

August 11, 2023, 10:42 am

Eur/gbp reverses from three-week high towards 0.8650 on upbeat uk gdp, dovish ecb concerns

EUR/GBP drops more than 15 pips as it renews intraday low near 0.8650 after an upbeat UK growth numbers...

August 11, 2023, 6:44 am

More lowe: to get inflation to target in 2024 would require substantially higher rates...

More from RBAs Lowe:To get inflation to target in 2024 would require substantially higher rates and not be in the national interest.The RBA has kept t...

August 11, 2023, 12:44 am

Usd/jpy rises to the best levels of the day in third day of gains

I wrote yesterday about the tell in USD/JPY and we're seeing the same dynamics play out today. Yields and stocks are both lower but the dollar is high...

August 9, 2023, 3:12 pm

Elliott wave update of usdjpy – august 9th, 2023

USDJPY is up by over 150 pips so far this week and is trading comfortably above the 143.00 mark as of t...

August 9, 2023, 8:32 am

With the price action slowing in the asian session, will activity pick up later today?

The price action is somewhat limited so far today. The PIP range for the major currency pairs shows EURUSD 19 ...

August 9, 2023, 2:52 am

For the eurusd in trading today it is above the 100 hour ma above and the 100 day ma below

Yesterday the 100-day moving average held support near session lows during training yesterday, and the price rotated higher into the close. That 100-d...

August 8, 2023, 9:41 pm

Japan current account surplus 1.508 trillion versus 1.395 trillion estimate

Prior was 1.862 trillionThe USDJPY is trading down 2 pips from the close yesterday. The price remains b...

August 7, 2023, 11:54 pm

Usdcad sellers push lower but fall stalls at earlier low and retracement target

The USDCAD moved higher earlier in the day and in the process, was able to extend below the 50% midpoint of the move down from the May 2023 high. The ...

August 3, 2023, 4:00 pm

Cable bounces back after the bank of england

In the days leading up to the Bank of England announcement, you could see the tide shifting away from 50 bps. The RBA announcement and dipping Europea...

August 3, 2023, 2:50 pm

Gbp/usd technical: sell-off almost reached key support ahead of boe

The recent weakness seen in the GBP is due to a broad-based strength in the US dollar as a short-term safe haven refuge triggered by global risk-off b...

August 3, 2023, 6:15 am

Gbp/usd technical: sell-off almost reached key support ahead of boe

The recent weakness seen in the GBP is due to a broad-based strength in the US dollar as a short-term safe haven refuge triggered by global risk-off b...

August 3, 2023, 5:37 am


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