Tag: Forex Update

Could we see further upside from the AUDUSD? Currently, the price is bouncing off short-term support. This could continue if some of this week's key news goes in the favour of risk markets.

Today, we can’t ignore the strong performance we are seeing from the majors to the Japanese yen. All of the majors are currently trading above +0.80% higher, with the EUR, GBP and USD trading more than 1.20% higher.

Welcome to today's update, where we shift our focus to the strength of the Japanese yen (JPY), which has been gaining momentum since the previous US session. Our analysis will delve into the AUDJPY and GBPJPY pairs, examining them in detail. The key question at hand is whether...

In today's Trades of the Week, Zoran Kresovic analyses NZDUSD ahead of Wednesday's Interest Rate Decision. Watch this video to find out how to take advantage of the pair's recent movements and what to expect of the upcoming economic events.

Here we are again back at the 137.75 area that has stopped USDJPY rallies since it developed around December 2022. This is the fifth rally from buyers that has tested this area.