Weak medium-term momentum may kickstart a medium-term downtrend phase for AUD/JPY.
Key short-term resistance stands at 93.70 with a potential downside trigger at 92.80.
This...
Soft landing hopes fizzle as real yields hit highest levels in a decade
China jitters remain as Evergrande files for US bankruptcy
Dollar index posts...
Despite rumors, there will be no decision today, Aug. 18, Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) over their denial of a...
Japan’s core CPI eases in July
The decline supports expectations that BoJ will maintain policy
USD/JPY has dipped lower on Friday
The Japanese yen has extended...
The Australian dollar’s slide continues
Evergrande bankruptcy raises contagion fears
It has been all red for the Australian dollar, as AUD/USD has closed lower for...
Nine-week corrective decline from the 16 June 2023 high has almost reached a key inflection/support level of 31,130.
Short-term momentum indicates an overstretched down...