[EUR/USD] Is the Pullback Over?
After falling below the neckline at 1.1 dollars, the EUR/USD (euro/dollar) rate experienced some buying and recovered to 1.0997 dollars yesterday. However, it couldn’t rise above the neckline and has …
[USD/JPY] Dollar Strength and Intervention Concerns
In the Tokyo market, the USD/JPY (dollar/yen) rate dropped to 147.35 yen at one point due to a risk-off trend, meaning investors were buying yen. This happened because of the …
[USD/JPY] Caution Over Possible Dollar Sell Intervention
Following the U.S. employment report released last weekend, the U.S. dollar saw a broad rise. However, as the new week started, there was a noticeable pullback in both USD/JPY (dollar-yen) …
[NZD/JPY] RBNZ Expected to Cut Interest Rates by 0.5%
At the Reserve Bank of New Zealand (RBNZ) policy meeting this week, it is expected that the interest rate will be cut from 5.25% to 4.75%, a 0.5% reduction. Many …
[EUR/USD] Breaks Below Key Support Line
Last week, the euro had trouble rising against the dollar due to fading expectations of a big interest rate cut by the U.S. Federal Reserve and increasing chances of a …
[USD/JPY] Enters the Ichimoku cloud
The U.S. dollar rose strongly across the board after a surprise U.S. jobs report was released last weekend. The number of people employed grew the most in six months, and …