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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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Fears of Iran attack on Israel are driving markets

Fears of Iran attack on Israel are driving markets

Israeli PM NetanyahuThe sharp recent bid in oil and drop in stocks is a classic sign of trouble in the Middle East.Some are citing hawkish comments from Netanyahu against Iran while others are pointing to an article in The Express talking about Iran strikes inside...

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Vibe shift in markets as stocks fall, oil jumps

Vibe shift in markets as stocks fall, oil jumps

There has been some Fedspeak today and the US told Israel it wants a ceasefire but I haven't seen anything in markets that would justify the latest moves.The S&P 500 is quickly losing altitude.SPX 10 minsAt the same time, oil has gotten some strong bids and Brent...

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