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The yen shot to a one-month high against the dollar on Tuesday after softer-than-expected U.S. manufacturing data prompted investors to sell the greenback.
But further gains for the Japanese currency could be limited as investors wait to see what the Bank of Japan (BOJ) will deliver at its April 3-4 policy meeting.
USDCAD Lower on Higher Oil Prices USDCAD is trading lower today helped by higher oil prices after the Non OPEC production cuts. The price moved down to lower channel trend lines near the 1.3110 area […]
AUDUSD Technical Analysis AUDUSD is trading in very thin range today between 30 pips and fluctuating around the 50h and 100h MA, although AUD looks strong as it managed to rebound the previous week from […]
Forex Daily Technical Analysis GBPUSD looks like it breaks the triangle formation to the upside, supporting the bullish scenario for the pair. The price is trading above the 100H MA enhancing the positive momentum. USDJPY is […]
