Fundamental Analysis

The US Dollar was under a lot of bearish pressure this week against the Japanese Yen. The USD/JPY pair broke a major support at 108.20 and moved into the bearish zone. Looking at the 4-hours chart of ...
Technical Analysis

GBPUSD - The pair was seen following through higher on the back of its Wednesday rally during Thursday trading session. Support lies at the 1.4000 level where a break will turn attention to the 1.3950...
Fundamental Analysis

A dismal US 30year TIPS auction is weighing on dollar demand as the sagging bid to cover ratio of 2.31 is signalling dwindling investor appetite as inflationary headwinds build. The dollar is lower be...
Fundamental Analysis

Gold prices is trading sideways in the Thursday session, after surging higher on Wednesday. Currently, the spot price for an ounce of gold is $1351.30, up 0.05% on the day. On the release front, PPI g...
Fundamental Analysis

Dollar weakness was still the name of the game early in European dealings. The move occurred amid a positive equity sentiment. EUR/USD filled offers just north of 1.25. However, the risk rally and the...
Technical Analysis

The U.S dollar has fallen to its lowest trading level against the Japanese yen since November 2016, following much better than expected monthly U.S CPI inflation figures. The USDJPY currently trades a...
Technical Analysis

The British pound has continued to press higher against the greenback during the European trading session, with price-action surging towards the 1.4078 technical level. The GBPUSD pair is currently tr...