Sterling Sinks on News Flow

GBPUSD & GBPJPY, H1 With 5 weeks until the UK is scheduled to leave the EU, Brexit news remains front and centre for Sterling traders....

Markets buying on optimism for US-China relations

USDJPY and Yen crosses have remained buoyant amid a backdrop of firm global equity markets. USDJPY retested 109.00 but has so far left yesterday's 1-week peak...

EURAUD Breaks Through the 200-Hour MA

The EURAUD broke through the 200-hour MA as the candle in the last hour closed at 1.5908, compared to a value of 1.5903 for...

Yen crosses update – Yen remains bid

AUDJPY and USDJPY Yen crosses have remained heavy with the Japanese currency remaining buoyed by safe have demand as the global stock rout took another turn...

Aussie Dollar vulnerable to risk-off sentiment

AUDJPY The Yen strengthened on a safe-haven bid amid a backdrop of coursing risk aversion, while the Dollar also traded firmer against most currencies outside the...

EURCHF – looking for a slide to year’s bottom?

EURCHF, H4, Daily and Weekly EURCHF dropped sharply to a two-and-a-half month low at 1.1226, breaking Support at 1.1260-61 on route. The losses reflect Brexit-related...

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