Adding to comments from Suzuki earlier: Japan fin min Suzuki says rapid yen weakening has been seen recently Japan’s Chief Cabinet Sec. Matsuno adds: the downside risk of inflation on…
There’s just one notable expiry on the board for today, as highlighted in bold. That being for USD/JPY at 137.60, though the level doesn’t really offer up too much technical significance.…
The past few days of trading have seen ETH/USD falter as speculative resistance has proven durable and an erosion of value threatens again. ETH/USD is trading near important support levels…
As Russia’s Nord Stream 1 natural gas pipeline is shut down for scheduled annual maintenance, some particularly unrestrained traders have thoughts floating around in their heads that Russia will completely…
Federal Reserve officials became more determined last month to keep raising US interest rates for longer to prevent rising inflation from becoming entrenched, even if it slows the US economy. Policymakers…
Best selling entry points Entering a short position with a pending order from levels 17.45 Set a stop loss point to close the lowest support levels 17.65. Move the stop…
The shared currency is trading below 1.0300, accelerating towards the 1.0250 area. The EUR/USD nose-dived to a fresh 20-year-low at 1.0246 as the market asses parity’s chances. EU S&P Global…
Oil is doing a nice job of encapsulating the reversal in sentiment today. Crude was up $3 at the highs but is now down nearly $6. It’s trading at $102.44…
Aussie and kiwi technicals begin to crack again There’s no love for the aussie as it breaks down to its lowest levels this year against the dollar. The fall below…
The US dollar initially tried to rally on Wednesday but seems to be struggling just a bit against the Mexican peso, as the 20.18 level has been a little bit…