USDJPY is facing bullish pressure, potential for more upside

USDJPY is facing bullish pressure, potential for more upside

The Breakout Opportunities system has just bought AUDUSD at 0.77683. The system recommends entering this trade at any price between 0.77573 and 0.77828. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.31337, suggesting that the AUDUSD may have further...

Gold's 35 dollar slump has extended further today as the most interest rate sensitive of all metals struggle to put up a defense against the latest surge in US bond yields. Adding to this a stronger dollar which is rising in response to higher yields and with that the risk...

The optionality to stake ETH to earn rewards in the Ethereum 2.0 framework is now becoming easier to access as digital currency exchanges expand their offerings, allowing more users to participate in validating transactions.With the ETH 2.0 upgrade launched in the end of last year, the Ethereum network is in an ongoing...

US treasury yields spiked a bit more impressively yesterday as the entire curve from five years on out rose aggressively to new cycle highs. Markets finally responded a bit more broadly to the development even if the USD move higher on the back of this development was rather modest in...

Price is approaching support where we could see a bounce above this level.

Price is approaching support where we could see a bounce above this level.

The mood has turned more cautious across global equity markets after US treasuries sold off heavily yesterday, taking US yields sharply higher to new highs for the cycle. The US dollar also firmed again, with USDJPY trading well above its 200-day moving average. Today brings the latest set of FOMC...

AUDUSD could retest the trendline, more upside!