Friday, 18 January 2019

USD/JPY Extends Flash-Crash Rebound, RSI Threatens Bearish Formation

The recent series of higher highs & lows in USD/JPY raises the risk for a larger correction as the exchange rate breaks out of a narrow range.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...