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Japanese Yen Remains a Sell Until this Changes

Japanese Yen Remains a Sell Until this Changes
Fundamental Forecast for Japanese Yen: Bearish Why is forex volatility so low, and why does it affect the Yen? Technical forecasts for the USDJPY point to sideways moves Interested Read More →

Post-ECB Charts for EUR/JPY, EUR/USD Reveal Massive Topping Potential

Talking Points: - The ECB may have backed itself into a corner yesterday by promising June action. - Key reversal in EURUSD at yearly high ominous if $1.3770 is lost. - EURJPY risks losing trendline from April 2013 – when the BoJ stepped Read More →

Natural Gas Plummets, WTI Traders Nervous Near $100 Handle

Talking Points Crude oil traders nervous near key level as supply picture remains bearish Precious metals exposed to easing Ukrainian concerns Natural gas prices plummet by most since February on storage figures Crude oil pulled back to the $100 a barrel handle alongside weakness Read More →

Euro Tumbles after ECB Warns of Easing in June

Talking Points: Dollar Gains on Euro’s Weakness, Rate Forecast Needed for Trend Euro Tumbles after ECB Warns of Easing in June British Pound Faces Data Today and Heavy Hitters Next Week Dollar Gains on Euro’s Weakness, Rate Forecast Needed for Trend Though ultimately little changed Read More →

Forex: Euro, Kiwi Dollar May Correct Higher to Close the Trading Week

Talking Points: Australian Dollar Soft on Dovish RBA, Profit-Taking in Asian Trade Quiet European Data Docket Unlikely to Drive FX Market Volatility Euro, Franc and Kiwi Dollar May Rise on Corrective Profit-Taking The Australian Dollar underperformed in otherwise quiet overnight trade. The currency began Read More →

EUR/USD, EUR/JPY Trade Setups Ahead of ECB Today

Talking Points: - EURUSD coiling in flag on H4 for move through 1.3970. 3 - EURJPY preferred trade lower below 140.95. - ECB caps off a heavy data day on the forex economic calendar. To keep up with developments central banks and their policy Read More →