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USDJPY runs lower and tests key swing area

USDJPY runs lower and tests key swing area

USDJPY falls to the swing areaThe USDJPY is taking a run lower and in the process has moved to a swing area between 150.718 and 150.88. The level corresponds with an old ceiling going back to February and March. The price moved above the ceiling on March 19, and had...

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USDJPY short-term sentiment shifts towards sellers

USDJPY short-term sentiment shifts towards sellers

On Thursday, the USDJPY fell sharply in the US afternoon session as the sellers in the stock market led to risk-off sentiment, lower yields, and that sent the pair to the downside.Technically, the price fell back below its 100-hour moving average at 151.58, and it...

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Everything was going so well in stocks, until it wasn’t

Everything was going so well in stocks, until it wasn’t

Everything was going well with the stocks with the major indices all higher earlier in the day:Dow intraday high reached up +294 pointsS&P intraday high reached up +45.11 pointsNasdaq intraday high reached up +190.59 pointsThe small-cap Russell 2000 had a intraday...

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USD/JPY drops on geopolitical fears

USD/JPY drops on geopolitical fears

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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What next for markets if Iran attacks Israel?

What next for markets if Iran attacks Israel?

AI imageMarkets are currently in a big of a flight to safety on fears that Iran could be preparing retaliation for the embassy bombing in Syria three days ago.Iran Supreme Leader Ayatollah Ali Khamenei said Israel would be punished for the attack, while President...

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