EURJPY maintains its bullish long term outlook. The pair is currently trading well above the daily Ichimoku cloud and above the Tenkan – Sen and Kijun –Sen lines, which indicates more upside potential. Another […]
Japanese statistics and a BoJ meeting combined with industrial output figures for Europe, retail sales for the US and some important developments in Australia and New Zealand are likely to be the highlights of […]
A stronger-than-expected nonfarm payrolls figure for February pushed the euro away from 2 ½ year highs achieved earlier in the session and gave the dollar a boost.
The euro was moving higher on the back of […]
(click to enlarge)The 8-month low in euro / pound at 0.8156 in mid-February was followed by a recovery of the euro, which has recently broken through resistance at 0.8267. This was related to the ECB taking no […]
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After hitting a fresh 4-year high in the middle of February (1.6821 on 17 February), pound versus dollar has been consolidating between roughly the 1.66 and 1.68 levels.
The pound has […]
EURUSD was in an uptrend from the February 3 low (1.3476) to the February 28 high (1.3823). This level was rejected by the market and the euro fell back down towards the 1.3720 area.
Prices are currently capped […]
G’day!Well, that was a nice little pop[, right?! You will recall that we advised a BUY on a strong close of the candle that pierced descending resistance. Let's review what happened next on a chart...So, […]
AUDUSD is looking bearish after the RBA policy decision on Tuesday to keep rates on hold at 2.5% and signaled that the AUD is historically too high.
The bigger picture shows the downtrend is still strong as the […]
G’day,It’s been a while hasn’t it. But then it’s been a while since the bitcoin market has been moving in a way that I felt was susceptible to rational analysis, which is why I have stayed off the wire.Anyway, […]
If you want to be an effective entrepreneur, I’d say you should have at least 10 good friends who are already successful entrepreneurs. If that sounds like a lot to you, I’d say that something is very wrong with […]
Crude oil hit a 5-month high early on Monday as geopolitical tensions between Russia and Ukraine escalated. Threats of sanctions on Russia could disrupt supplies to Europe which receives a third of its supply from […]
Today’s article is about a professional trader named Arduino Schenato who provides his signals for free on ForexOClock.com. He based his trading activity on one of the most simple, yet successful strategies […]
NZDUSD has been locked in strong uptrend since the February 26 low of 0.8280 until today’s high of 0.8424.
The market found resistance at this high and has since pulled back, heading towards the 23.6% Fibonacci […]
A series of upbeat economic reports from Japan lifted the yen today, as the data indicated the economy is strengthening and suggested the Bank of Japan’s policy easing measures were helping stimulate the economy. […]
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Geopolitical risk with regards to the events in Ukraine and Federal Reserve Chair Janet Yellen’s testimony later today gave markets a cautious tone. The dollar eased against the yen after a brief rally induced by […]