Forex Opinion & Analysis

USD/JPY Holds Below 150 Ahead of BoJ Meeting

USD/JPY Holds Below 150 Ahead of BoJ Meeting

  BoJ’s holding 2-day meeting on Monday and Tuesday The Japanese yen is drifting on Monday after pushing the US…
EDGE Chart of the Day — USD/JPY

EDGE Chart of the Day — USD/JPY

  The JPY may be ready to retrace. The USD/JPY hit a new high for 2023 and quickly reversed with…
Aussie Rises, US Core PCE Price Index Eases

Aussie Rises, US Core PCE Price Index Eases

  AUD/USD extends gains US Core PCE Prices ticks lower The Australian dollar is higher on Friday. In the North…
USD/CAD to Head Up After Pulling Back

USD/CAD to Head Up After Pulling Back

  Today’s Trade Ideas: Todays Trade Ideas 4-hour chart for USD/CAD going back a whole year — the sideways range…
EUR/USD Gives Up Gains Isn’t Bearish Yet

EUR/USD Gives Up Gains Isn’t Bearish Yet

  EURUSD_26_10_daily EURUSD switches back to losses after touching resistance Technical signals weaken but bears not in control yet EURUSD…
BoJ to Steal the Limelight From Fed and BoE Next Week

BoJ to Steal the Limelight From Fed and BoE Next Week

Central bank meetings continue in earnest with BoJ, Fed and BoE Fed and BoE to likely stand pat, but BoJ…
EUR/USD Shrugs as ECB Holds Rates

EUR/USD Shrugs as ECB Holds Rates

  ECB holds rates, as expected US to release Core PCE Price Index The euro is having a quiet day.…
USD/JPY Edges Lower, Tokyo Core CPI Rises

USD/JPY Edges Lower, Tokyo Core CPI Rises

  Tokyo Core CPI climbs higher than expected US GDP jumps 4.9% The Japanese yen has steadied after three straight…
USD/JPY Holds Above 150 but With Caution

USD/JPY Holds Above 150 but With Caution

  USDJPY_27_10_daily USDJPY unlocks new high above 150 but with weak momentum Technical signals mixed; support at 149.43 USDJPY escaped…
GBP/USD: Range Bottom Bounce Likely

GBP/USD: Range Bottom Bounce Likely

Bullish:  We are currently @ 1.2110 in a range and a hard bounce. We have the start of convergence for…
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