USD/JPY Susceptible to Larger Correction as RSI Develops Downward Trend
Developments in the RSI raises the scope for a larger pullback in USD/JPY as the momentum indicator establishes a downward trend.
Developments in the RSI raises the scope for a larger pullback in USD/JPY as the momentum indicator establishes a downward trend.
DailyFX analysts give their expert predictions and their 2022 Q2 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe…
U.S. stocks fail to extend Friday’s rally at the start of the new week ahead of April U.S. retail sales data, as Wall Street doubts the worst is over in terms of equity market weakness.
The price of crude oil may continue to retrace the decline from the yearly high ($130.50) as it clears the opening range for May.
The major EUR-crosses are coalescing around a singular theme.
The Federal Reserve is in its communications blackout window, elevating the importance of US economic data in the days ahead.
In this video we explain what “Hawkish vs Dovish means and how monetary policy affects FX trading.
Stocks remain under pressure as risk appetite cools off to start the week.
Despite its strong fundamentals, the Canadian dollar has weakened sharply against the U.S. dollar since early April, but the trend could reverse if market sentiment improves.