In this video we look at very long term charts to see where the next stop for USD/JPY could be if the rally continues.

Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

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AUD/USD extends gains above 0.6650 on softer US PCE data

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The AUD/USD pair trades on a stronger note near 0.6675 during the early Asian session on Monday. The growing speculation that the US Federal Reserve would cut interest rates in 2024 weighs on the Greenback across the board. 

AUD/USD News

EUR/USD: US employment data and FOMC Minutes under the spotlight

EUR/USD: US employment data and FOMC Minutes under the spotlight

The EUR/USD pair traded lifeless for most of the last week around 1.0700, barely reacting on Friday following the release of the United States Personal Consumption Expenditures Price Index.

EUR/USD News

Gold struggles to find direction heading into key week

Gold struggles to find direction heading into key week

Gold managed to hold above $2,300 despite broad US Dollar strength. The technical outlook highlights XAU/USD’s indecisiveness in the near term. Fed Chairman Powell’s speech and key macroeconomic data releases from the US could help Gold find direction this week.

Gold News

Layer 1 tokens that are likely dead coins, fail to recover this cycle: XTZ, IOTA, KLAY, ALGO, EOS

Layer 1 tokens that are likely dead coins, fail to recover this cycle: XTZ, IOTA, KLAY, ALGO, EOS

The cryptocurrency market is cyclical in nature and several Layer 1 tokens have noted a decline in their prices, as new narratives like Artificial Intelligence (AI) and meme coins dominate in 2024. 

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French election: The far-right wins, but there’s a big test to come

French election: The far-right wins, but there’s a big test to come

The initial reaction to the first round of voting in the French Parliamentary election that took place on Sunday has been a small sigh of relief. EUR/USD has opened higher, and is up some 20 pips. Although Marine Le Pen’s National Rally party won the largest vote share, it was still short of an overall majority.

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