| Updated: 
The USD/JPY pair is trading at 106, having violated the ascending triangle pattern at 105.950. These typically drive Sharpe buying in the market; therefore, we can expect the USD/JPY pair to soar sharply until 106.500 level and even higher. Check out the USD/JPY price forecast video to learn more about trade ideas. Good luck
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Gold trading outlook: futures gain on Greece concerns Gold gained for a second session on Tuesday as a fall in global equities, spurred by uncertainty surrounding Greece, prompted safe-haven demand for the yellow metal.Comex gold for delivery in April was up 0.16% at $1 243.5 per troy ounce […]
Pound Rises vs Yen as Inflation Data Weighs on JPY Key Moments
GBP/JPY traded just above the mid-213.00s, hovering near the nearly two-week high reached on Thursday.
Japan’s National core CPI slowed to 1.4% YoY in April from 1.8%, staying below the BoJ target for a third […]
Sony share price down, PlayStation’s online store gets hacked Sony Corp was victimized by another hacker attack, this time the hit was aimed at its PlayStation store, which resulted in two hours of downtime.Todays cyber assault follows last months hacking of Sony Pictures Entertainment’s computer […]
Spot Silver extends string of gains ahead of Powell speech Spot Silver advanced to a fresh 14-year peak of $44.36/oz. on Tuesday on expectations the Federal Reserve will continue easing its monetary policy and ahead of a speech by Federal Reserve Chair Jerome Powell.The Fed lowered its federal […]
US stock futures pointing at decline US stock futures have declined clearly indicating a second day fall of S&P 500 index. The Standard & Poor 500 futures declined 0.5%. Dow Jones Industrial Average futures fell by 0.4%."Its the Fed tapering talks which are really […]
GBP/USD on a session low after UK mortgage data British pound came off earlier session highs against the US dollar to record a session low, after a report by British Bankers Association (BBA) showed less than expected loans for house purchase.GBP/USD took a drop from 1.5381, the session […]