• May 23, 2023
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Japanese Yen Weakens as Treasury Yields Rise, USD/JPY Triangle Breakout in Focus

The Japanese Yen weakened alongside Treasury yields on Monday, with USD/JPY once again testing the ceiling of an Ascending Triangle chart pattern. Is a breakout imminent?...
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  • May 23, 2023
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Gold Fades but Upside Still Favored as Debt-Limit Talks Hit Crunch Time

Gold was subdued on Monday, pressured by rising U.S. treasury yields, but prices may rebound in the coming days if U.S. lawmakers fail to reach a deal to raise the debt limit soon....
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  • May 23, 2023
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Silver (XAG/USD) Technical Update: Confluence Support in Focus

Silver sell-off stalls but remains in play ahead of the confluence zone of support around 23.20...
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  • May 22, 2023
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Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, GBP/JPY

The Yen faces a tough challenge moving forward following dovish comments by the BoJ Governor on monetary policy. What does price action tell us about JPY pairs?...
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  • May 22, 2023
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XAU/USD Price Forecast: Gold Dulls on Fed Speak & US Debt Ceiling

Gold prices came under pressure as Fed rhetoric shifted hawkish alongside uncertainty around the US debt ceiling....
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  • May 22, 2023
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Euro Latest: US Dollar Strength Weighs on EUR/USD, Euro Area PMIs Near

Ongoing US debt ceiling talks continue to steer a range of US-pairs, while Euro traders will need to be aware of tomorrow’s flash PMI releases...
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  • May 22, 2023
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GBP/USD Price Forecast: Markets Appear Cautious as 50-Day MA and 1.2400 Support Level Hold Firm

Cable eyeing a short-term bounce toward the psychological 1.2500 level which could cap gains as US debt ceiling negotiations rumble on....
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  • May 22, 2023
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​​​FTSE 100, DAX 40 and S&P 500 Hope for US Debt Ceiling Agreement​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations....
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  • May 22, 2023
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AUD/USD Price Forecast: Aussie Slips on Chinese LPR & Risk Sentiment

AUD/USD gets hit by souring risk sentiment as US debt ceiling takes center stage once more. Chinese economic growth adds to downside as commodity prices slide....
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  • May 22, 2023
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US Dollar Slides on Uncertainties While Japanese Yen Firms Despite Poor Data

The US Dollar drifted lower as debt ceiling concerns and a potentially dovish Federal Reserve undermined. The Japanese Yen managed to rally after poor data. Lower USD/JPY?...
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