#forex yen

[mohitjoshi041]

EURJPY Tests 18-Month Trendline Amid Rising Bank of Japan Rate Hike Bets and Political Risks in France

EURJPY is currently testing a crucial 18-month trendline as market sentiment shifts due to rising expectations of a rate hike by the Bank of Japan and growing political risks in France. The currency pair's movement is heavily influenced by these factors, with traders closely monitoring the developments in both Japan's monetary policy and the political stability in France. As bets on a potential rate increase from the Bank of Japan rise, the Japanese yen is showing signs of strength, putting pressure on EURJPY. At the same time, ongoing political chaos in France is creating additional uncertainty, impacting the Euro's performance. This combination of factors is making EURJPY a focal point for forex traders as they assess the risks and opportunities in the currency pair

[trader-sg112]

Daily Forex Market Overview: USD Gains Against Yen, Euro, and Sterling Slightly Retreat

In the latest forex market movement, the U.S. dollar (greenback) strengthened against the yen, while the euro and British pound saw slight retreats after hitting multi-session highs.

USD Gains Against Yen

The greenback made significant gains against the yen, rising by 0.58% to reach 143.12. This uptick reflects the continued strength of the U.S. economy and ongoing speculation around the Federal Reserve's stance on interest rates.

Euro Slightly Falls From Recent High

The euro witnessed a minor decline of 0.04%, settling at $1.1113. This comes after the euro touched a three-week high in the previous session. The recent dip indicates slight adjustments as traders await key data releases from the European Central Bank (ECB) regarding inflation trends and economic recovery.

Sterling Retreats After Peak

The British pound (sterling) saw a 0.11% drop to $1.3199, pulling back from a peak of $1.3298, its highest since March 2022. This slight dip follows a rally driven by confidence in the UK economy's resilience and expectations of further interest rate hikes by the Bank of England.

AUD and NZD Show Minor Gains

Meanwhile, the Australian dollar edged higher by 0.05% against the U.S. dollar to trade at $0.6768. The New Zealand dollar also rose modestly, gaining 0.04% to reach $0.6210. Both currencies saw slight boosts due to positive economic signals and stable commodity prices in their respective regions.

[sdogra]

Comprehensive Analysis of GBP/JPY: Key Support and Resistance Levels Explained

[cambcurrencies]

BoJ rate decision, yen drops, ECB Lagarde speech

Fed Holds Rates at 5.5% BoJ rate decision The Bank of Japan, or BoJ, earlier this morning choose to keep rates constant at 0%. This decision, coupled with the announcement of future bond-buying cuts, led to the yen falling to a one-month low. The BoJ indicated it would continue its current bond purchases and plans to reveal its tapering strategy in July, contrary to market expectations that had…

[adeelseo]

500 Yen to USD

[mommyimhungry]

Trying to save my ass for the past 9 hours, been working the past 11.

I could've made big if it wasn't for one small stupid mistake but that's alright, this showed me my possibilities <33

[wigilham]

What is Forex Currency Pairs?

buying or selling one forex pair against another. It’s like the currencies are in a constant tug of war. This is caused by the rapid fluctuations of the exchange rate.

What is Base Currency & Quote Currency?

The first currency of a forex pair is called “Base Currency”. Base currency represents how much is needed to buy a single unit of the second currency or quote currency in a forex pair.

Similarly, the second pair is called “Quote Currency”. They are separated with a forward slash (“/”). Currency quotes is the amount of units of the quote currency you will need to exchange one unit of base currency.

For example, 1 Dollar, 1 Pound, 1 Euro, etc. The calculation is- 1 unit of Base Currency can buy X units of the quote currency. If the base currency is USD, such as USD/JPY, a quote of USD/JPY 88.48 means that one U.S. dollar is equal to 88.48 Japanese yen. Likewise, if the base currency is EUR, such as EUR/USD, then a quote of 1.3980 means that one Euro is equal to 1.3980 US Dollars.

[dazamiganerd]

Is it Possible to Get a Gold Investment Leveraged

There are many types of gold investments and with regards to is it possible to get a learn more gold investment leveraged,Is it Possible to Get a Gold Investment Leveraged Articles the answer is a yes and a no. Let me explain.

Most of the types of gold investment are non-leveraged. These include physical bullion or gold certificates

However, you can leverage your investment in 2 ways. These 2 ways are

Trading it as Forex

In this instance, you would trade gold as a currency pair. It could be against the US dollar, Japanese Yen, Swiss Franc and a whole host of currencies. This actually have the advantage that you could be amplifying your gains not only from the appreciation of gold in general but also the depreciation of the other currency.

Profiting from both ends of the stick

For example, if gold is generally on a uptrend, buying any gold investments would naturally make you money from the rising gold price. However, if you know that a particular country is in a unique crisis, you would be able to capitalise on the falling value of that currency by betting against it. In this way, assuming you are betting against the japanese yen, you can go long on XAUJPY. This would allow you to capture a larger profit, since you would be profiting both from rising gold price and falling japanese yen.

How Is it possible to get a gold investment leveraged

Trading such currency pairs are usually done using CFDs or contract for differences. This is highly leveraged and is considered high risks. Most of the platforms reports losses incurred by over 70% of their account holders. Therefore, this is advised for trained and experienced traders.

[anjalirana00]

Which currencies can I trade on the Forex market?

The Forex market allows you to trade a wide range of currencies from around the world. Major currencies like the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP), and Swiss Franc (CHF) are commonly traded

[nftplaygrounds]

Virtual Currency Games

Every little boy's (and plenty of grown guys's) dream of making a dwelling by way of gambling video video games is edging closer to truth. The recent launch of HunterCoin and the in-improvement VoidSpace, video games which reward players in virtual currency in preference to virtual princesses or gold stars point closer to a destiny in which one's ranking on a scoreboard might be rewarded in dollars, and sterling, euros and yen.

The tale of the millionaire (virtual) real property agent…

Digital currencies have been slowly gaining in maturity both in terms of their capability and the financial infrastructure that enables them for use as a credible alternative to non-virtual fiat currency. Though Bitcoin, the 1st and most widely recognized of the crypto-currencies was created in 2009 there were sorts of digital currencies utilized in video video Top NFT Games for extra than 15 years. 1997's Ultima Online was the first exceptional try to comprise a big scale virtual financial system in a recreation. Players may want to collect gold cash by way of venture quests, fighting monsters and locating treasure and spend those on armour, guns or real property. This became an early incarnation of a virtual forex in that it existed only within the game though it did replicate real global economics to the volume that the Ultima foreign money experienced inflation because of the game mechanics which ensured that there was a in no way finishing deliver of monsters to kill and therefore gold coins to acquire.

Released in 1999, EverQuest took virtual currency gaming a step in addition, allowing players to alternate virtual goods among themselves in-recreation and although it become prohibited with the aid of the game's clothier to also promote virtual objects to each other on eBay. In a actual global phenomenon which became entertainingly explored in Neal Stephenson's 2011 novel Reamde, Chinese game enthusiasts or 'gold farmers' have been employed to play EverQuest and different such video games complete-time with the intention of gaining revel in points with the intention to degree-up their characters thereby making them more effective and favourite. These characters would then be bought on eBay to Western game enthusiasts who have been unwilling or unable to put in the hours to degree-up their own characters. Based at the calculated alternate rate of EverQuest's foreign money due to the real international buying and selling that happened Edward Castronova, Professor of Telecommunications at Indiana University and an professional in virtual currencies anticipated that in 2002 EverQuest become the 77th richest usa inside the international, somewhere among Russia and Bulgaria and its GDP per capita was more than the People's Republic of China and India.

Launched in 2003 and having reached 1 million everyday users by using 2014, Second Life is perhaps the most whole example of a digital economy thus far wherein it is virtual forex, the Linden Dollar which can be used to shop for or promote in-recreation goods and services can be exchanged for real international currencies through market-based totally exchanges. There were a recorded $3.2 billion in-sport transactions of digital goods inside the 10 years among 2002-13, Second Life having end up a marketplace where gamers and organizations alike have been able to design, promote and promote content material that they created. Real estate became a specifically beneficial commodity to exchange, in 2006 Ailin Graef have become the 1st Second Life millionaire whilst she grew to become an initial funding of $9.95 into over $1 million over 2.5 years via buying, promoting and trading digital actual estate to different players. Examples inclusive of Ailin are the exception to the rule of thumb but, simplest a recorded 233 customers making greater than $5000 in 2009 from Second Life activities.

[starseedfxofficial]

The Hidden Influence of the Business Confidence Index on USD/JPY Trading When it comes to trading the US dollar and Japanese yen (USD/JPY), most traders focus on interest rates, economic policies, and geopolitical risks. But what if I told you that one often-overlooked metric—the Business Confidence Index (BCI)—holds the power to shift market trends in ways you’ve never imagined? Yes, you read that right. This underrated economic indicator is like that obscure indie band you discovered before they blew up—except instead of bragging rights, it can land you serious profits. What Is the Business Confidence Index (BCI) and Why Should You Care? The Business Confidence Index (BCI) measures the sentiment of corporate executives regarding future economic conditions. It’s essentially a collective mood ring for businesses. When confidence is high, companies invest, hire, and expand. When it’s low, they cut costs, lay off workers, and hoard cash like a squirrel in winter. Here’s why it matters for USD/JPY traders: - Yen as a Safe Haven – When business confidence drops, investors flee to safe-haven assets like the Japanese yen, strengthening it against the US dollar. - USD Strength During Economic Growth – High business confidence in the US often correlates with stronger consumer spending and economic growth, boosting the USD. - Carry Trade Influence – A high-confidence environment makes investors more willing to engage in the USD/JPY carry trade (borrowing yen at low rates to invest in USD assets). The Hidden Patterns That Traders Overlook 1. The "Delayed Reaction" Phenomenon Unlike interest rate decisions, which cause immediate market volatility, the BCI tends to have a delayed reaction on USD/JPY. Large institutions take time to digest this data before making capital allocation decisions. This lag gives nimble traders an opportunity to enter positions before the broader market catches on. 2. How BCI Interacts With Key Economic Reports The BCI doesn’t move markets in isolation. Its impact becomes significant when combined with reports like: - Non-Farm Payrolls (NFP) – A high BCI and strong NFP usually reinforce USD strength. - GDP Growth Data – A rising BCI signals corporate optimism, often leading to stronger GDP forecasts. - Consumer Confidence Index (CCI) – If both business and consumer confidence rise, expect a USD rally. 3. Spotting the Divergence Trade A divergence between BCI trends in Japan and the US can create high-probability trades. - US BCI Rising, Japan BCI Falling? Buy USD/JPY. - Japan BCI Rising, US BCI Falling? Sell USD/JPY. How to Predict USD/JPY Moves Using BCI Step 1: Track the Right Data - US BCI – Found in reports from The Conference Board and OECD. - Japan’s Tankan Business Sentiment Survey – The closest equivalent to a BCI report for Japan. Step 2: Identify Key Levels - BCI above 100 → Optimistic outlook, favoring currency strength. - BCI below 100 → Pessimism reigns, signaling potential weakness. Step 3: Cross-Check with Other Indicators - Compare BCI movements with bond yields, inflation data, and employment reports to confirm trends. Step 4: Time Your Entry - Don’t rush into a trade right after a BCI release. Wait for confirmation from price action, ideally near support/resistance levels. Real-World Example: BCI’s Impact on USD/JPY in Action In March 2023, the US Business Confidence Index surged to a two-year high, while Japan’s Tankan survey showed a decline in business sentiment. Smart traders who spotted this divergence entered long USD/JPY positions ahead of a 400-pip rally over the next month. Final Takeaway: A Secret Weapon in Forex Trading Most traders ignore the Business Confidence Index, focusing only on traditional economic reports. But for those who know how to read between the lines, BCI is a secret weapon that reveals hidden trends and lucrative trading opportunities in USD/JPY. Ready to gain an edge in the Forex market? - Stay informed with real-time economic indicators at StarseedFX Forex News - Master advanced methodologies with exclusive Forex education at StarseedFX Free Courses - Join an elite trading community for daily market insights at StarseedFX Community —————– Image Credits: Cover image at the top is AI-generated Read the full article

[trader-sg112]

Weekly Market Wrap-Up: Dollar Strengthens, Cryptocurrencies Surge and Global Currencies See Mixed Movements

In a week marked by significant market movements, the dollar showed notable resilience, bolstered by a remarkable rally on Wall Street. The greenback rose 0.27% to 147.66 yen as of 1153 GMT, marking an advance of approximately 0.8% for the week despite a sharp 1.5% drop on Monday. The dollar also held steady at 0.8670 against the Swiss franc, maintaining a 1% weekly gain.

The robust performance of the dollar comes amidst a diverse set of economic indicators and geopolitical events. The outsized rally on Wall Street triggered a flight from traditionally safe-haven currencies like the yen and the Swiss franc. Earlier this month, the yen surged to its highest level since January 2, hitting 141.675 per dollar due to a massive unwinding of short positions after an unexpected rate hike by the Bank of Japan and weak U.S. economic data.

The dollar index, a measure of the greenback against a basket of six major currencies including the yen, Swiss franc, euro, and sterling, remained flat at 103.30. This comes after three consecutive days of gains, during which it reached 103.54, a level not seen since August 2. Despite these gains, the index remained relatively unchanged over the week.

Meanwhile, the euro remained relatively stable, trading at $1.0915, a slight increase of 0.08% from the previous week. The shared currency reached a high of $1.1009 on Monday, the highest since January 2. Sterling, on the other hand, was steady at $1.2744 after a 0.49% rally overnight. Despite this rebound, it was poised for a 0.42% decline for the week, marking its fourth consecutive week of losses.

The Australian dollar also experienced fluctuations, easing slightly to $0.6584 after reaching $0.65925 for the first time since July 24. The Aussie found support from the Reserve Bank of Australia's hawkish stance earlier in the week, resulting in a 1.24% weekly gain.

In the cryptocurrency market, Bitcoin reached a one-week high of $62,717 and was last trading 3.3% higher at $61,500. For the week, Bitcoin posted a gain of approximately 4%, reflecting a bullish sentiment among crypto investors.

Overall, the week demonstrated the dynamic nature of the global financial markets, with significant movements across various currencies and assets. Investors continue to navigate through a landscape shaped by economic policies, geopolitical developments, and market sentiment.

[accapitalmarket]

US Inflation, Powell’s Semi-annual Testimony on Radar

China inflation was released on Sunday, rising 0.50% YoY, slightly higher than expected. The Chinese New Year holiday in January probably boosted inflation. PPI fell 2.10% YoY, and the two data points will likely cancel each other's market impact.

President Trump on Friday promised more tariff announcements this week, with China, Europe, and Japan seemingly in the firing line. That will probably dampen sentiment in Asia today as US stocks wilted on Friday's Trump tariff talk, mixed US employment numbers, and weakening consumer sentiment data.

The S&P 500 closed 0.95% lower, the Nasdaq slumped by 1.36%, and the Dow Jones fell 0.99%. US treasury yields rose, and the US dollar edged a little higher against major currencies.

The California fires will likely distort US inflation data on Wednesday. Fed Chairman Powell will speak on Capitol Hill in semi-annual testimony on the same day, and markets will be looking for hints about monetary policy. However, I expect the Fed to be on hold until at least H2 this year.

Asia has a quiet week on the data calendar, and the geopolitical back-and-forth between China/Europe and President Trump is likely to drive market sentiment anyway.

The US dollar index (DXY) rose sharply last week, testing and failing ahead of major resistance around 110.00. Friday's session was choppy but uneventful, and the DXY finished 0.36% higher at 108.09. In the bigger picture, however, the failure at 110.00 has brought the longer-term topping formation back into focus.

The sharp reversal from 110.00 has turned the MACD indicator negative. With markets seemingly less responsive to the constant tariff talk from the White House, support at 106.95 could come under pressure this week. Failure sets the stage for a much bigger correction, initially targeting 105.40.

DXY Daily

Another clue that the greenback may have seen a medium-term high is the Japanese yen's price action. It refused to buckle as the US dollar rallied elsewhere last week and continued strengthening even as President Trump pondered tariffs on Japan.

USD/JPY plummeted through 154.20, the base of the triangle, and 153.35, the base of the Ichimoku cloud, last week, closing at 151.30 on Friday. The triangle failure targets the 148.50 zone, and based on last week's price action, we might see that this week.

USDJPY Daily

Gold rallied as expected last week, closing at an all-time high near $2861.00 an ounce on Friday. However, in the shorter term, a move through $2,900.00 could be challenging as the Relative Strength Index (RSI) has become very overbought. Nevertheless, only a failure of double support at $2,790.00 would signal that gold's medium/longer-term rally has paused.

XAUUSD Daily

Disclaimer:

The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions.

Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us.

The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[sepblogs1211]

Gold, Dollar, and Forex Trends: NFP Impact on Markets

GOLD

Gold recently underwent a correction, and while current highs are flagged as overbought by the RSI, the market remains bullish. The MACD shows fading selling momentum and hints of renewed buying strength. The quantitative forex models suggest that further upward movement is likely, but significant movement may not occur until after the release of NFP reports. The EMA200 remains far below current price levels, indicating that further buying is possible if momentum persists.

SILVER

Silver remains in consolidation, awaiting direction from gold prices. While the broader outlook for silver is bullish, it relies heavily on gold's price action post-NFP. The MACD shows a cross with low volume, while the RSI indicates increased buying momentum without signaling overbought conditions. For traders using regulated MetaTrader platforms, silver provides a stable environment, with resistance still firm at 32.5177.

DXY

The Dollar Index (DXY) is consolidating as the market anticipates jobs data. The RSI previously hit oversold conditions, and the MACD suggests potential bearish continuation. A bearish outcome post-NFP is expected, reinforcing the probability of a Fed rate cut later this year. For those employing forex scalping automation, short-term opportunities may emerge as momentum remains firmly bearish.

GBPUSD

The Pound continues consolidating after pulling back from recent highs. The RSI calls for overbought conditions, hinting at further selling potential. The MACD suggests room for downside, though the Bank of England’s recent rate cut provides bullish momentum. Traders looking to compound forex profits may find value in this consolidation phase, using strategic entry points after the NFP report.

AUDUSD

The Aussie Dollar is holding above its prior consolidation zone’s resistance, which now acts as support. The RSI signals overbought conditions, and the MACD shows muted volume. However, with the possibility of a Fed rate cut after the jobs report, continued bullish momentum is likely. Traders using forex scalping automation can leverage these short-term fluctuations to maximize returns.

NZDUSD

The Kiwi Dollar shows strong buying momentum, with the MACD crossing up and the RSI reflecting overbought levels. Prices remain capped under 0.56869, suggesting consolidation. While the market favors bullish momentum, the quantitative forex models indicate that the NFP report will determine the next significant move. EURUSD: The Euro has struggled to capitalize on the dollar’s weakness, reflecting weaker Euro fundamentals. The RSI indicates overbought conditions, and the MACD shows muted bullish volume. Until NFP data is released, sentiment for the Euro remains bearish. Hedging with multiple currencies can be a smart move here to manage risks in this uncertain environment.

USDJPY

The Yen has shown heightened selling momentum, with the RSI showing exaggerated levels during the correction. The MACD maintains bearish volume, and price action follows a consistent downtrend. For those using compounding forex profits, this downtrend presents opportunities to gain from sustained bearish movements, especially with NFP data looming.

USDCHF

The Swiss Franc bounced from support at 0.90054, with increased bullish momentum. However, the RSI indicates overbought conditions, and resistance near 0.90743 remains a challenge. Regulated MetaTrader platforms can offer precise entries and exits during this period of consolidation, with a bearish sentiment likely to resume after the jobs report.

USDCAD

The Canadian Dollar is consolidating at prior swing lows, acting as temporary support. The RSI signals oversold conditions, while the MACD shows muted volume with unclear direction. The forex scalping automation approach may be effective here, as traders monitor NFP data to see whether this support level holds or breaks.

COT REPORT ANALYSIS

AUD - WEAK (5/5)

GBP - WEAK (4/5)

CAD - WEAK (4/5)

EUR - WEAK (4/5)

JPY - WEAK (1/5)

CHF - WEAK (5/5)

USD - STRONG (4/5)

NZD - WEAK (4/5)

GOLD - STRONG (5/5)

SILVER - STRONG (4/5)