Japanese Yen Craters after BoJ Fails to Appease Bears, USD/JPY & EUR/JPY Soar

JAPANESE YEN FORECAST The Japanese yen depreciates sharply against the U.S. dollar and the euro after the Bank of Japan maintains its policy of negative rates and only modestly tweaks its yield curve control program Japan’s Ministry of Finance says it has not intervened in the FX market recently This piece examines the crucial technical

Golden Cross Pattern Fails to Inspire Higher Prices, What Next?

BITCOIN, CRYPTO KEY POINTS: READ MORE: Gold (XAU/USD) Prices Flirt with $2000 Level, Eyeing the FOMC Meeting for Fresh Impetus Bitcoin prices have taken a bit of a breather since the expansive rally that broke above the $35k mark last week Tuesday. Since then, it appears to be a case of uncertainty and rangebound trade

EUR/GBP retreats from 5-month high as EU economy contracts

Share: EUR/GBP falls from a 5-month high of 0.8754, currently trading at 0.8705. Eurozone inflation drops to 2.9% in October, while GDP for Q3 misses forecasts, contracting by 0.1%. The Bank of England is expected to keep rates unchanged at 5.25% on November 2, as traders priced in rate cuts towards the end

Volume Weighted MA MT4 Indicator

In the fast-paced world of financial markets, having a competitive edge is essential for successful trading. Traders and investors are constantly seeking tools and indicators that can provide valuable insights and help make informed decisions. One such indicator that has gained popularity in recent years is the Volume Weighted Moving Average (VWMA) on the MetaTrader

Oil edges higher, eyes on Venezuela after opposition primary suspended

Earlier this month, the US granted Venezuela sanctions relief in exchange for holding fair elections this year. That plan appears to be unravelling quickly as yesterday Venezuela’s electoral court said it is suspending opposition primaries days after President Nicolas Maduro called the vote a fraud. To be fair, the 93% primary vote for María Corina