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The daily RSI signals growing buying momentum for the EUR/JPY. The daily MACD also shows a strengthening buying momentum. On the hourly chart, the same indicators reveal signs of a more immediate buyer dominance. The EUR/JPY rose towards 165.64 on Tuesday’s session, its highest level since 2008, sho

Notes/observations - EU flash PMIs showed strength in the services sector, helping push an economic recovery despite continued weakness in manufacturing. Publisher commentary noted concern over rising price pressures; Euro and sterling saw a bid, while stock indices pulled back off opening highs as

NZD/USD maintains gains despite the bearish sentiment indicated by the technical analysis. Traders might contemplate short positions if the pair breaks below the support area encompassing 0.5863 and 0.5850. A pullback from the level of 0.5863 could lead the pair toward lower boundary of a symmetrica

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Further hawkish comments from Fed speakers lent extra legs to the Greenback and sparked a decent bounce in US yields, while the ECB's officials continued to advocate the start of the bank’s easing programme in the summer. Here is what you need to know on Friday, April 19: The Greenback regained upsi