Tag Archives: US Dollar

USD: JPY – Japanese election puts 2nd reversal target into play.

The sell set up I posted on Thursday failed to trigger. After the weekend’s convincing election win by Shinzo Abe, Dollar: Yen gapped higher this morning with traders anticipating a more aggressive approach to both fiscal and monetary stimulus in Japan. The net result – a good … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , ,

The USD Puzzle

Recent US Dollar strength has many traders scratching their heads. While fundamentals and technicals tend to drive markets in the longer term, market positioning – whether mainly short term traders have bought or sold – can dominate for short periods. Not only would … Continue reading

Rate this:

Posted in Commodity, Forex, Gold, Market, Shares, Stocks, Trading | Tagged , , , , , | 2 Comments

AUDUSD finding some resistance – for the moment

Given the surge in momentum in the AUD (or simply downward momentum for the USD depending on how you read it) there has been equal amounts of talk about when the Aussie will reach parity with the USD and whether … Continue reading

Rate this:

Posted in Forex | Tagged , , , , , , , , , | Leave a comment