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Source: Action Forex News Agency
3 weeks ago
Forex Medium Importance
USD/JPY Tumbles Under the Shadow of Intervention, Faces Asymmetric NFP Test

USD/JPY Tumbles Under the Shadow of Intervention, Faces Asymmetric NFP Test

TL;DR: USD/JPY has tumbled from 160.38 toward 158, not because of actual intervention but because fear of a repeat is shaping trader psychology near 160 — a fear reinforced by rapidly repricing BoJ tightening expectations, setting up an asymmetric test for Friday's NFP.

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Source: Action Forex
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Source: Invezz News Agency
3 weeks ago
Forex Medium Importance
AUD/USD signal: forecast as RBA and Fed rate hike odds rise

AUD/USD signal: forecast as RBA and Fed rate hike odds rise

The Australian dollar held firm today, September 3rd, as investors adjusted their RBA and Federal Reserve expectations for the year. The AUD/USD pair was trading at 0.7165, a few points below the August high of 0.7207.

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Source: Invezz
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Source: Action Forex News Agency
3 weeks ago
Forex Medium Importance
USDJPY – Hawkish BoJ and Speculation of Another Intervention Were Likely Behind Today's Sharp Fall

USDJPY – Hawkish BoJ and Speculation of Another Intervention Were Likely Behind Today's Sharp Fall

USDJPY drops sharply in early US trading on Wednesday (down over 1%) after the pair hit the highest in almost five weeks (160.39) but bulls repeatedly failed to sustain gains above psychological 160 barrier.

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Source: Action Forex
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Source: Forexcom News Agency
3 weeks ago
Forex Medium Importance AI Analyzed
Gold Holds 200-Day EMA, Futures and Options Hint at ‘Dip-Buying Mentality'

Gold Holds 200-Day EMA, Futures and Options Hint at ‘Dip-Buying Mentality'

Gold has found support around its 200-day EMA as futures positioning strengthens and options traders retain a relatively bullish skew. With NFP approaching, the setup keeps the prospect of another push towards 5,000 alive.

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Source: Forexcom
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