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USD/JPY probes intraday high near 105.70, trims the previous day’s losses. US dollar regains the bull’s attention as Trump’s statements, virus woes and Brexit fears favor safe-haven buying. BOJ’s Kuroda also struck a modest tone at the 62nd Annual Meeting of the National Association for Business Eco

USD weakness has been back for a couple of weeks now. The possibility of continuation should at least be entertained, and this is something that could add allure to the long side of GBP/USD, similar to what was looked at last week and the week before. GBP/USD FOUR-HOUR PRICE CHART On the short side

Factory orders and construction Purchasing mangers' survey data from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for August. Economists forecast orders to grow 2.6 percent on month, fol

Review on gold:1) Indicators are slightly bullish2) MACD signal lines are above zero but histogram is very flat3) RSI is above 50 but looks slightly sideways4) Recent risk rest seemed to cheering on the bulls. 5) It is refreshing intraday high while breaking a $2 range below $1,915. 6) However, this

Australia's business conditions and confidence improved in September, survey data from the National Australia Bank showed Monday. The business confidence index rose to -4 from -8 in the previous month. Confidence rose in all industries except finance, business & property services which was fla

Daily Pivots: (S1) 135.44; (P) 136.00; (R1) 136.80; Intraday bias in GBP/JPY remains neutral with focus on 136.46 resistance. Decisive break there will indicate short term bottoming and turn bias back to the upside for stronger rebound back to retest 142.71. On the downside, break of 133.03 will res