Monthly Archives: July 2018

USD/JPY Forecast: Bearish Doji reversal likely

The much-needed technical correction in the USD/JPY pair will likely gather pace today, technical charts indicate.

At press time, the currency pair is trading at 112.70 – down 0.13 percent on the day, having clocked a six-month high of 113.14 yesterday.

The pullback from 113.14 to 112.70 indic…

AUD/USD: The cleanest medium-term trend in FX?

Amidst the second day of Fed Chairman Powell’s Humphrey-Hawkins testimony, disappointing UK inflation data, and a big rally in cryptoassets, the Australian dollar isn’t garnering too many headlines today. That said, the pair is showing arguably the cleanest technical setup of all the majors and…

000webhost logo