US Dollar

USD/JPY bears have gone to work over the past two weeks, holding a lower-high even as USD spiked last Friday. And then forcing a breakdown from the descending triangle formation to test below the 151.95 level.

It’s been a fast-evolving market since the Presidential election three weeks ago. But stocks remain higher, Bitcoin has put in a major move and gold is on its back foot.

The update to the US PCE index is anticipated to show a rise in both the headline and core reading.

Crude Oil, GBPJPY Forecast: The lingering effects of Trump-era policies continue to shape broader market trends. Expectations of war resolutions are pressuring oil prices into a neutral stance, while tariff policies are fueling volatility across the US dollar rally.

USD/CAD tested above a major level last week of 1.4000, which hadn’t traded in more than four years. So far this week sellers have sunk price back below that level, but can they hold it into week and month-end?

US Dollar surged 6.9% off the yearly low with the Trump rally fueling a breakout of the 2023 consolidation pattern. Battle lines drawn on the weekly technical chart.

The US Dollar has finally found some resistance after filling the FOMC gap from last year, and that goes along with a EUR/USD bounce from the 1.0500 psychological level.

It’s been a fast first-half of Q4 for both the US Dollar and EUR/USD and both are now showing a case of RSI divergence from the daily chart.

Markets are making big moves on the back of Trump’s win and if House results confirm a Republican supermajority, there could be drive for even further highs in stocks and Bitcoin. The US Dollar, however…

The US Dollar is pulling back on election day and the currency is no longer overbought on the daily chart. In this webinar I looked at several election-related setups and in this article I look at a few of those in USD, EUR/USD, USD/JPY and USD/CAD.

The US Dollar was very strong in October as rising odds of a Trump win started to get priced-in to markets, but can equities avoid a pullback if longer-term US rates continue to fly-higher?

The US Dollar is working on its first red weekly bar since late-September. While the currency spent most of the past week pulling back, buyers showed a strong reaction to an ugly looking NFP print.

The US Dollar has finally pulled back. But – there’s now a key support level in play and tomorrow’s NFP report can be a major market mover, as it’s an early look at October activity in the world’s largest economy.

The US is projected to add 113K jobs in October, while the Unemployment Rate is expected to hold steady at 4.1% during the same period.

The US Dollar has finally shown some element of pullback after grinding at a resistance level for the past week. But is the bullish trend over already? We’re nearing a pocket of volatility on the economic calendar that’ll likely have some impact.

The update to the US PCE is anticipated to show a slowdown in both the headline and core reading for inflation.

It’s been a fast start to Q4 for the US Dollar and the currency finally found some resistance this week. But with NFP next week and FOMC the week after, the big question is for how long that pullback can extend.