By Alejandro Zambrano, Haris Mujkanović, Nathan Batchelor, and Yuri Agpalo. EURUSD tried to gain traction, and the price traded near yesterday’s high of 1.1816 but failed to take out the high. A break to yesterday’s high of 1.1816 is needed for additional bullish momentum, and a break to the high might establish yesterday’s low of 1.1722

The US Dollar continues its upside movement against the Japanese Yen, and over the last three weeks, the USDJPY pair gained 2.2% following broad-based JPY weakness. In the four-hour chart, the trend is bullish as the price continues to create higher and higher lows while trading well above a rising 200-period (4HR) moving average. If

Brent Crude oil prices continue to rise, and may ultimately reach $85.59 per a rectangle pattern projection. Over the last few days, we have reported that crude oil prices were on the rise because of several macro fundamental factors, but the price is also higher due to technical influences. Since May, the December Brent Crude

EURUSD is once again trying to gain traction, and moments ago, the price was trading at 1.1781, and 35 pips away from yesterday’s high of 1.1816. A break to yesterday’s high of 1.1816 might establish yesterday’s low of 1.1722 as the new short-term trend-defining level, and traders might use it to target the June 14

Similar to other cross pairs involving the Japanese yen, the Canadian dollar vs Yen pair has experienced significant volatility over the last couple of weeks. On Friday, the pair reached an almost eight-month high of 87.45 but has rebounded modestly since then to trade at 87.07, as of 12:16 London time. Since the end of

The USD/TRY pair is starting to test the lower end of the much flagged symmetrical triangle pattern, with price-action so far offering few clues if we will a continuation lower going forward as initial attempts to downside have so far failed. Recent comments from Turkish Finance Minster Berat Albarak may have done little to sooth

Moments ago, the U.S. 10 year government bond yield, reach a new monthly high of 3.114% and was a whisker away from its 2018 high of 3.13%. To move higher is motivated by a red-hot U.S. GDP growth, which is now projected to be at 4.4% seasonally adjusted annual rate per the latest Atlanta FedGDP

The U.S. Dollar Index is moving in an increasingly narrow range on Tuesday, after another failed technical attempt to break the the key 93.80 support level on Monday. Buyers have also struggled to break to the upside, with the 94.37 resistance barrier presenting a challenge to potential bulls. The reversal has been fairly sharp once

The New Zealand dollar started the trading day higher against the Japanese yen after finding support at a recently broken falling trendline on the daily chart. Last Thursday, the NZD/JPY pair broke above the trendline to reach a seven-week high of 75.53, after which it gave back some of the gains to trade at 74.96,