”GBPJPY has rallied aggressively on the back of BOJ easing to encourage our bullish view.” – Ed Matts, MarketVisionTV.com
US Dollar Technical Analysis – Prices are bouncing from support at 10420, the 23.6% Fibonacci retracement, pushing above falling trend line resistance (10454) to challenge the...
ASIA/EUROPE FOREX NEWS WRAP The Bank of Japan, under the watchful eye of Haruhiko Kuroda, has already made big waves at its first policy meeting. The...
EUR/GBP Technical Analysis – Prices are testing resistance at 0.8500, the 23.6% Fibonacci retracement. A break above that exposes the 38.2% level at 0.8556. Near-term support...
EUR/JPY Technical Analysis– Prices launched a sharp recovery following the BOJ monetary policy announcement, testing above the 38.2% Fibonacci retracement at 122.14. A break above that...
GBP/JPY Technical Analysis– Prices launched a sharp recovery following the BOJ monetary policy announcement, with buyers testing resistance at 144.08 marked by the 61.8% Fibonacci retracement....
USD/CHF Technical Analysis– Prices are testing support at 0.9437, the 23.6% Fibonacci retracement, with a break below that exposing the 0.9358-82 area marked by the 38.2%...
USD/CAD Technical Analysis– Prices are testing support at 1.0140, a barrier marked by the 38.2% Fibonacci retracement and reinforced by a falling channel bottom (1.0125). A...
NZD/USD Technical Analysis– Prices are testing below support at 0.8391, the 61.8% Fibonacci retracement, with a break below that targeting the 50% level at 0.8347. Near-term...
AUD/USD Technical Analysis– Prices pulled back from resistance at 1.0483, the 76.4% Fibonacci retracement, to challenge the 61.8% level at 1.0412. A break below that targets...