Browsing Tag

USDJPY

The Week Ahead: Agree to Disagree

EURCAD Feels Pressure as Rescue Talks Linger The euro continues to slide against the Canadian dollar from its March peak as the prospect of a pan-European stimulus drags on. EU leaders have failed so far to find common ground on the size… Read More

USDJPY: Triangle or Zigzag?

The current USDJPY structure suggests that we have a triangle pattern. For now, it is moving higher towards wave e which is the last corrective move of the cycle degree pattern. As part of a triangle, wave e is a corrective zigzag and… Read More

Fed Cuts Rates by 0.5%

Dollar Down Following Fed Rate Cut The US dollar has been flat across the European morning today in the wake of the Fed’s historic, surprise rate decrease yesterday. The Fed cut rates by half a percent in a bid to help buffer the economy… Read More