We ponder what’s going to happen with the EUR/USD and the Japanese currency.
We discuss the potential reasons for the EUR/USD to drop down and then we will see the possible timing for the Canadian Dollar to enter the resistance zone.
We ponder about the time when the EUR/GBP might make a pullback down and the potential reasons for GBP/JPY to go up.
We discuss the possible bullish trap that could form with EUR/USD and GBP/USD, and the situations in which the USD/CAD could go down.
We discuss the possible reasons for the GBP/JPY pair to head North and provide some interesting facts about the NZD/USD.
We discuss interesting signals that are coming from two major instruments as well as Oil.
There are interesting developments with the USD/JPY pair. What are the possible options?
Will the USD/JPY pair go up or down? We will go over two main scenarios regarding the currency.
Draghi has given the Euro a new direction, as the Dollar movements are influencing the Japanese Yen. Let´s take a look where all of this could potentially take us.
The initiative of buying the Japanese Yen has been low for the investors. The market is waiting for the currency to go back to the broken trend in order to sell the pair.
The USD/JPY pair reached to the fresh multi-week tops, so we are to wait for the Japanese candlestick signals. Gold, on the other hand, pulled back from a strong downtrend, but the future does not seem linear. Take a look!
The USD/JPY is on a path of recovery, as investors see a safe haven appeal in the currency. XAU/USD
The U.S. dollar index has broken the weekly flat, got back to the broken upper boundary and pulled back away from it.
Uncertainty about European politics has boosted gold in recent sessions as well as given GBP/JPY a good platform.
The Dollar is leading again with the USD/JPY going through a bullish engulfing at the 50% Fibonacci level.