USDJPY

USDJPY Kicks Off 2022 Ticking Higher

The dollar started off the new year edging higher against the Japanese yen. USDJPY crossed 115 yen resistance convincingly and is on the way to...

FX Snapshots As Markets Say Goodbye to 2021

The following are the support and resistance snapshots for a selection of FX majors. Trends are mostly mixed with cable showing more bullish promise into...

FX Majors Mostly Quiet In Run-Up To Xmas

As the week winds down ahead of the Christmas weekend, there's not a lot of fundamental news or events driving or being driven by...

Majors relax ahead of key USD resistance levels

Major dollar crosses look like they're easing back ahead of significant tests major dollar resistances. All this on the back of the notion that Fed...

FX majors break out of ranges for more swing trades

Many FX majors (except USDJPY) have finally broken out of familiar intraday ranges, allowing for more swing trade opportunities. The charts in this post are...

Intraday FX targets unchanged in calm November start

The new month opened calmly ahead of NFP and rate decisions out of the US and the UK. H4 range targets remain the same, hence...

Month-end book adjustments spur spikes but no surprises

Institutional traders squaring books in the month-end caused a few spikes, but price action were still largely contained in familiar ranges as expected earlier...

Quiet Trading Keeps Price Action Rangebound This Week

Other than the US Core PCE Price index number this Friday, this week promises to be quiet from fundamental analysis standpoint. The charts in this...

Dollar Undecided After Taper Talk Regains Focus

Headlines are saying the dollar is climbing as Fed's Powell returns to focus with more tapering talk. But we also see bond market positioning implying...

Dollar Dumped As Rate Hike Hopes Fade

The dollar is now weaker across the board as money flows out of safe havens and into more risky assets. Markets have been discounting inflationary...

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