New EURUSD trend under pressure

Market News & Analysis After adding 296 pips from May to its late Jun high. July has been a very different story for the EURUSD, sellers have ruled so far this month taking off 185 pips since the June high. Two bearish sessions have accounted for the majority of...

USDJPY starting to break trend?

Market News & Analysis Looking at USDJPY daily chart we can see some signs that momentum is trying to turn to the buyer’s side. The main sign being the trend break buyers made on Monday. The Japanese Yen has been seeing buyer demand due to negative ongoings...

USD jumps after solid retail sales data

Market News & Analysis The USD finished the week with strong extension higher after U.S. retails sales data came in at a solid number but slightly under expectations easing some fears of a U.S. slowdown. May’s data came in at 0.5%, this might leave you...