USD/JPY Struggles to Surpass 150.00 Amid Profit-Booking, Yet Upside Potential Remains Strong

The USD/JPY currency pair has been facing a hurdle in recapturing the 150.00 level, as profit-booking exerts downward pressure on the US Dollar (USD). However, despite this temporary setback, the US Dollar continues to hold a stronger position due to the resilience of the US economy and the Federal Reserve’s (Fed) hawkish stance. Recent fluctuations […]

ECB States ”Interest Rates will rise above negative by 3rd Quarter 2022”

Good morning Traders,   So as the heading stats – ECB President Lagarde stated yesterday and again this morning via Bloomberg catchup at Davos, that,” Rates are likely to be positive at the end of Q3.” They are currently at zero level. ECB is the only one left of the G7 (besides Japan, which can’t […]

FX Chart analysis Thursday 5th May 2022

Good Morning Team,   Today belongs to British Pound. We have the BOE (Bank of England) Official Bank Rate being made public from noon BST.  See the economic calendar posted below for more info on today’s economic news events. I have posted both our proprietary expert advisor screenshot called the Matrix. This gives us a […]

Risk Appetite back in favour ??

New week – new opportunities. JPY crosses in particular looks best. Carry trades due to better yields against a weakened JPY. US FOMC stats on Wednesday, the one to keep an eye on. There are other important US data points – look at the economic calendar attached and make a note. EU / German ZEW […]

USDCAD rallies to 2002 High!!

Forex Analysis on this pair shows the Dollar strength is coming into play against the Canadian Dollar with price breaking a high from back in 2002.  This is a significant level of resistance that is been broken as I write this. We can see that this trend started back in 2012 and of late has […]

Forex Analysis: USD Rallies Against the CHF!

Furthering my Forex analysis of the USDCHF; Yesterday we saw the Dollar strengthen against the Swiss Franc as it managed to break through a long term support & resistance as well as the daily 50 moving average.  We now have price trading above the 50ma and 200ma and above a resistance area.  RSI is trading […]

Let’s Talk Interest

Hi there, It’s been a while since I last wrote to you.  I just don’t know where the days go.  It’s almost the end of June and mid-way through 2015! Today I want to talk a little about interest that your money is making for you in the bank.  Now we know that the bank […]

£20,075.77 total profit for May 2015

Hi there, Well, May has certainly been an interesting trading month.  The markets have given us some fantastic trading days where we have been able to make some brilliant profits, only for other days for price to have come back to bite us on the bum! To be a great trader you need to be […]

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