USDJPY – Can US Dollar Continue Uptrend Vs Japanese Yen?

USDJPY – Can US Dollar Continue Uptrend Vs Japanese Yen? Key Highlights The US Dollar traded above the 103.00 handle against the Japanese yen, and broke a major resistance. There was a crucial bearish trend line formed on the daily chart of the USDJPY pair, which was cleared by the Dollar bulls. Today in Japan, the Machinery New orders, released by the Cabinet Off...
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NZDUSD – Can New Zealand Dollar Recover?

NZDUSD – Can New Zealand Dollar Recover? Key Highlights New Zealand Dollar after trading as low as 0.6715 against the US Dollar found buyers, and currently attempting a recovery. However, the NZDUSD pair is below the 100 and 200 simple moving averages on the 4-hours chart, which can be a concern for buyers. New Zealand Producer Price Index Out released by the Stat...
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USDJPY – US Dollar Sighting FOMC For Next Move

USDJPY – US Dollar Sighting FOMC For Next Move Key Highlights             US Dollar tumbled against the Japanese Yen, and it may continue to weaken in the near term. There was a bullish trend line formed on the 4-hours chart of the USDJPY pair, which was cleared to set the pair for a decline. Today, in the U.S., the Federal Open Market Committee meeting ...
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