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Daily Finance News Update

USD/JPY surges to six-year highs

March 22,2022 |

We wrote two weeks ago about the ascending triangle in USD/JPY. The chances of an upside breakout were high with targets towards 118.66 and beyond. Fa...

USD/JPY surges to six-year highs

Technical Analysis: Oversold AUD/JPY is due a short-term pullback

March 21,2022 |

Pro-cyclical currencies have been on a tear recently as commodities have raced higher on the Ukraine conflict. Prices of all sorts of metals and agric...

Technical Analysis: Oversold AUD/JPY is due a short-term pullback

USD/CAD hits lower part of the range and 200-day SMA

March 18,2022 |

The fall in market volatility and bid in global equities has helped CAD this week. The major is enjoying its fourth days of gains and much will depend...

USD/CAD hits lower part of the range and 200-day SMA

EUR/USD awaits Fed rate hike amid peace talk optimism

March 16,2022 |

The US Federal Reserve is expected to raise interest rates by 25bps at its meeting this evening. Soaring inflation should counter any uncertainty over...

EUR/USD awaits Fed rate hike amid peace talk optimism

S&P500 “death cross” suggests more downside

March 15,2022 |

One step forward, two steps back it seems. The fog of war, questionable ceasefire talks plus plunging Chinese stocks means more whipsaw price action t...

S&P500 “death cross” suggests more downside

GBP/JPY “false break” could now see more upside towards 156

March 14,2022 |

Markets have started the week on the front foot as risk appetite continues to enjoy more positive geopolitical headlines regarding the Ukraine crisis....

GBP/JPY “false break” could now see more upside towards 156

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