US Dollar Forecast – A Late Push for the Dollar from Yellen Puts Bulls on Notice The Dollar spent much of the past week consolidating following a three-week advance, but Yellen’s remarks Friday spurred a rally that put the bulls back on the front foot. We will open the new trading week with the USDollar at a two months high but liquidity curtailed by Monday’s Memorial Day holiday. British Pound Forecast – Sterling Continues to Strengthen With Brexit Vote a Month Away ...
Daily price is located near and below Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is breaking 110.38 resistance level for the reversal to the ranging bullish market condition with 111.88 target to re-enter. Ascending triangle pattern was formed by the price to be crossed for the bullish reversal, and Trend Strength indicator is estimating the uptrend to be continuing in the near future. ...
In the age of ultra-high-frequency trading, financial institutions are turning to artificial intelligence to improve their stock trading performance and boost profit. One such company is Japan's leading brokerage house Nomura Securities. The company has been pursuing one goal: to simulate the insights of experienced stock traders with the help of computers. After years of research, Nomura is set to introduce a new stock trading system ...
USD/JPY: bearish breakdown. The price is located to be below 100-day SMA and 200-day SMA for the primnary bearish market condition: the price is on breakdown with 107.67 support level as the tager for the bearish breakdown to be continuing if broken. Alternatively, if the price breaks 113.79 resistance level to above so the bear market rally will be started within the bearish condition with the good possibility to the reversal of the price movement to the primary bullish market condition if 117.51 ...
British Pound Forecast – GBP/USD to Face Relief Rally on Upbeat U.K. PMI, Dovish Fed Rhetoric With second-tier data on tap for the week ahead, the British Pound may continue to consolidate ahead of the next Bank of England (BoE) interest-rate decision on April 14, but fresh rhetoric from Fed officials may generate a near-term rebound in GBP/USD as Chair Janet Yellen endorses a more dovish outlook for monetary policy. Japanese Yen Forecast - Japanese Yen Strength is its Own Undoing – Watch for Weakness ...
Recent Comments