Euro / Japanese Yen
Prices By FOLLOWME , in USD
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Trading Safe Haven Assets
#OPINIONLEADER# Where does money flow in times of financial stress and why? Safe haven assets are financial instruments or commodities that investors turn to in times of stress. We’re not talking about personal stress, not in this article, anyway, but the type of stress seen in the wi
EURJPY: Long Position Confirmation
In EURJPY daily time frame chart, an uptrend is ongoing. Market is recently tested the major structural support of 137.500. #OPINIONLEADER# A Bullish Engulfing candlestick is shown after testing structural support. Bullish engulfing candlestick shows the entry of buyers in
EUR/JPY Price Analysis: Bid above 121.00 as key MAs eye bull cross
EUR/JPY's daily chart shows an impending bull cross of long-term averages. Price patterns also indicate the path of least resistance is to the higher side. EUR/JPY is looking to extend Monday's gain with key simple moving average (SMA) indicators eyeing their first bullish turn since November 2019
Currency market: EUR/USD, GBP/USD, JPY, AUD, NZD and cross pairs
Currency markets this week are driven by middle currencies GBP/USD, AUD/USD and associated cross pairs while top and bottom currency pairs EUR/USD and NZD/USD remained trapped in tiny ranges. GBP/USD began the week above vital 1.3357 followed by Sunday's reported levels at 1.3357, 1.3441 and 1.3459.
The Fed keeps a close eye on the labour market
Market movers today Today's data calendar is thin. After yesterday's bunch of data releases and Fed minutes, markets will probably listen closely to Fed's Bostic in the afternoon. While waiting for Friday's US payrolls, we get a few US tier-2 employment indicators with the release of ADP employment,