GBPJPY | Are we Seeing a New Breakout?
February 22, 2023
Flash manufacturing and services PMI data came in better than expected and, combined with a mainly weaker yen, gave the GBP a...
Divergence Watch on USD Index
February 20, 2023
In today’s analysis, we have reviewed the divergence pattern in U.S. Dollar Index (DXY) and Friday’s price action, which...
Forex Update: USD Index Biding its Time?
February 15, 2023
The USD index had a mixed reaction to the news, plunging on the release of CPI, but only to pull back losses and close out the...
Has the USDJPY Started a New Breakout?
February 6, 2023
After Friday’s surprise jobs report, the USD continued its revival. Combined with a weaker JPY, this led to a 2.07% surge to...
AUDJPY Analysis Post BOJ Yen move
January 18, 2023
In today's update, we analyse the daily AUDJPY after the Bank of Japan (BoJ) left the yield curve as it was after last month's...
Failed high, could the USDCAD continue lower?
November 18, 2022
Happy Friday, today’s focus is on the USDCAD after sellers forced a failed high in yesterday’s...
Forex Update: AUDUSD setting up for a continuation lower?
October 21, 2022
With a stronger USD, focus is on risk currencies today. In particular, we are watching the AUDUSD from the short side as sellers...