The USD/JPY pair maintained its bid tone coming into the North American session, but struggled to find acceptance or build on momentum above the 114.00 level. The pair extended its overnight rebound from the 113.40 region, representing ascending trend-line support…
Continue ReadingEuropean Forex news roundup: the dollar is marginally weaker, but equities remain stable. Forex market news during the European trade session on October 22, 2021 Even though there wasn't much going on in European trade today, there were a couple…
Continue ReadingOn Friday, silver received new bids and returned to multi-week highs. The setup is still stacked in favor of the bulls, which bodes well for future gains. Any meaningful drop below $24.00 could be interpreted as a buying opportunity. Silver…
Continue ReadingEuropean Forex news roundup: the dollar is marginally stronger, while equities are weaker. Forex market news during the European trade session on October 21, 2021 For the most part, it was a quiet session as the dollar held steady while…
Continue ReadingAsia's Forex news roundup: Yuan gains On Wednesday, October 20, 2021, Forex news for Asia trading will be: The overnight news of China's state planner (the National Development and Reform Commission of the People's Republic of China (NDRC)) threatening intervention…
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