Both the EURJPY and EURUSD are both moving within a range this morning on the daily charts. The red lines highlights the top and bottom of the range. Currently the
GBP-JPY News & Articles
Earlier this morning, the GBPUSD continued its downward spiral after Prime Minister Theresa Mays returned from Brussels, failing to win support from European Union leaders over the Brexit withdrawa
The support and resistance levels for the AUDJPY, EURJPY, and GBPJPY are below. The red lines indicate the potential resistance areas and the blue lines represent the potential support areas. How
The GBPUSD 360 minute chart shows there are three resistance areas immediately above price at 1.3103, 1.3132, and 1.3235. Additionally,
Long thought of as a stand by when the mood switched to 'risk off', the Yen is receiving heighened attention during this time of peak geo political risk.
Today, at 2pm New York time the FOMC minutes will be released. Traders will be analyzing the minutes for clues as to if the FOMC is still planning on raising interest rates a final time this year.
The British Pound currencies may be testing prior highs or lows and a bounce off these areas are likely. EURGBP
Which forex pairs are likely to move the most this week is typically indicated on the higher timeframes (ie 360, 720, or daily charts). When a trader can identify the potential move on a higher ti
In the last 8 days traders have seen major market moves in the GBPJPY moving over 145 pips six out of either days. This includes a 240
A tidal wave of selling has pummeled the GBP/JPY pair through this week, as short term optimism smiled on the Yen while mounting concerns weighed on Sterling.
Over the last five or so trading days, the JPY has seen strength across all currencies pairs.
Japan has become the model, fairly or unfairly of quantitative easing (QE) that may not have worked. As we enter the 10th year of the U.S.
The following currencies are oversold on the 240 and 60-minute charts. With the exception of the GBPJPY, more than likely there will be a retracement in the near future before the downtrend contin
The Yen pairs are beginning to move prior to next Thursday's evening, April 26th, the Bank of Japan will release its Policy Rate, Monetary Policy Statement, and Outlook Report, followed by the Bank
The Yen pairs have been in a downtrend on the daily chart for some time with the weekly charts breaking through the support area earlier this year. Now the big question is whether the downtrend wi
The Forex market is a typically easy to read and by that, I mean it’s easy to see what currencies strong and what currencies are weakening. Certain news events will help boost that strength or wea
The Yen pairs have been in a strong downtrend. However, both the daily and weekly are oversold. When markets become either overbought or oversold, typically price will retrace to an area that wil
The GBPJPY was on FIRE in yesterday’s trading, traveling 213 pips in a single day and 216 just two days prior. It only had a brief pause to flap its wings before lifting off on its continued long-
The GBPJPY has seen three strong up days after bouncing off the lower area of support or bottom channel boundary previously established October 8th. In fact, Oct 8th was the second time we saw t
The GBP/JPY, also known as the “Beast”, the “Dragon” or the “Widow Maker” has earned its nicknames by being one of the most volatile currency pairs out there. Sending false signals is an everyday
The 240-minute charts are starting to show weakness as shown in the Multicharts scanner below. Both the GBP/JPY and GBP/USD are showing volume divergence to the short side and the EUR/GBP is showi
There are a lot of markets this morning that look to be overextended due to the large moves that occurred earlier in the week. When markets are overextended on the higher timeframe, entering the t
Nadex offers binary options and spreads on ten forex pairs but how can you determine which ones are likely to move? In this video, Gail Mercer (founder of TradersHelpDesk) shows you how she identi