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
USD-JPY News & Articles
The USDJPY historical average price movement for today's FOMC releases is approximately 146 pips (measured from high to low during 2pm and 3pm). Trying to trade these reports using either currency
According to the CME FedWatch Tool, the probabilities of a rate hike are at 94.4% this morning. In December, prior to the FOMC raising rates, the USDJPY ran up and then immediately fell after the
There are several currencies that have potential divergences developing on the daily chart which may create momentum moves in the opposite direction.
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