USD/JPY appears to be in a stronger state if we look at price action over the last ten years. During this long period of time, the exchange rate has moved from the 75.00 handle in 2011 to the 111.0…
Much like the end of Q1, GBP/USD is closing Q2 on a rather sour note. The pair rejected 1.4240-50 yet again, making it look increasingly like a double top.
For quite some time, despite not making any headway, gold still looked poised for higher prices, but that outlook recently took a big hit at the June Fed meeting.
The USD/JPY breakout has ripped into key resistance at fresh yearly highs heading into the July / 3Q open. The levels that matter on the weekly technical chart.
The New Zealand Dollar may be readying to resume losses against the US Dollar after a Dead Cat Bounce. NZD/JPY and NZD/CAD trade lower, with both pairs facing key wedge chart patterns.