January 2018

EUR/JPY has reversed back up again after finding support at the 134.10 barrier during yesterday’s trading session. The euro/japanese yen currency pair has been developing higher along its current trend line since August 18. Additionally,…

The EUR/USD currency pair spent the Tuesday morning in between the bounds of the 100– and 200-hour SMAs. A subsequent surge apparent mid-session allowed for a breakout of the former, the 55-hour moving average, the weekly PP and the…

On the daily chart, USD/CHF formed a short-term consolidation. A decline below January low will allow the pair to continue the decline towards 161.8% target of the “Crab” pattern. The nearest resistance levels are near 0.9410 and 0.9485.…

AUD/USD retreated over the previous two days, following the bounce off the 32-month high at 0.8135. Looking on the medium-term timeframe, the aussie/dollar currency pair has been in bullish phase since January 2016, supported by higher…

Today sees the Federal Reserve’s Federal Open Market Committee (FOMC) commencing its two-day meeting on monetary policy, with a policy decision due on Wednesday at 19:00 GMT. Markets widely expect rates to remain unchanged, though a…

The CAD/JPY currency pair remains under strong pressure after the pullback on the 89.60 resistance level on January 17. The CAD/JPY plummeted towards the ascending trend line, which has been holding since September 2017 and dropped below…

The quotes of the USD/JPY pair fell to the lowest level in the last four months against the background of moderate "hawkish" comments by Haruhiko Kuroda and the continuing weakness of the US dollar. Eisuke Sakakibara, who is also known as…