Forex News

Welcome to Our Weekly Elliott Wave Analysis! EUR/USD 4 Hour Chart The EUR/USD is currently testing a key 78.6% Fibonacci level on the 4-hour chart. The currency pair is showing signs of a quick decline, in line with our expectations from last week. Traders are now waiting to see if the EUR will find support…

Welcome to the Future of Wholesale Carriers SAN JOSE, Calif., June 13, 2022 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that OTEGLOBE Changing the Game in Wholesale Carrier Services Infinera’s recent announcement regarding its partnership with OTEGLOBE, a leading wholesale carrier in the southeast, has sent shockwaves through the industry. This groundbreaking collaboration is…

USD/JPY Accelerates but faces Sharp U-turn USD/JPY soars past 135.00 The USD/JPY pair has been gaining momentum in the past few days, and recently accelerated to over 135.00. This rapid rise has caught the attention of many traders and investors, as the pair has reached levels not seen in quite some time. Kuroda’s Concerns However,…

Is the USD/JPY Price Rally Coming to an End? How Japan’s Response to the Yen’s Weakness Could Impact the Market The USD/JPY has hit 135.00 for the first time in twenty years, fueling concerns over the yen’s weakness. Japan’s top officials are ready to “respond appropriately” to the situation, which has raised questions about the…

Daily Pivots and USD/JPY Movement Pivoting Towards Success In the world of forex trading, understanding daily pivots is crucial to predicting market movements and making informed decisions. The pivot point (P) is a key level that serves as a reference point for determining support and resistance levels. When the market is trading above the pivot…

BoJ Governor Haruhiko Kuroda on Recent Yen Falls An Analysis of the Impact on the Economy BoJ Governor Haruhiko Kuroda told the parliament today that recent sharp yen falls are “negative and undesirable” to the economy. The depreciations raise concerns about the impact on various sectors and the overall economic stability of the country. The…

Unleash Your Inner Pizza Pro: Papa Murphy’s Teams Up with Netflix Star Justin Willman to Find America’s Ultimate Pizza Hacks! Description: The take ‘n’ bake pizza franchise, Papa Murphy’s, has announced an exciting new collaboration with Netflix star Justin Willman. Together, they are embarking on a mission to discover America’s ultimate pizza hacks! As part…

Getting Creative with USD/CHF’s Rebound What happened? So, USD/CHF’s rebound from 0.9543 extended higher last week, and it looks like the pullback from 1.0063 is finally over. This development has got traders buzzing with excitement. The initial bias is staying strong, and it seems like we’re in for some interesting times ahead. Exploring the Implications…