Monthly archive June, 2017

Forex investors' refuse to believe the Federal Reserve will raise rates yet again this year, which held the dollar back at the start of a week. A week packed with speeches from Federal Reserve and other senior central bank Read More →

Key Points

• The US Dollar is following a bullish bias, and recently traded above 111.70 against the Japanese Yen.
• There is a monster bullish trend line with support at 111.70 forming on the hourly chart of USDJPY.
• Today in the Read More →

Key Points

• The Euro managed to gain momentum recently and traded above 124.60 against the Japanese Yen.
• There is a crucial bullish trend line with support at 124.60 forming on the hourly chart of the EURJPY pair.
• Recently in the Read More →

The mood was modestly positive earlier today in Asia, reflecting a rise in oil prices. In Asia some markets were closed for the end of Ramadan.Oil has managed to disctance itself from the recent 10-month lows but still remains weak. Read More →