The Bank of Japan probably intervened in the Forex markets yesterday and a big rally in the JPY unfolded after weak US CPI data but can the rally be sustained and what could the Bank of Japan do going forward – Our view of the pair below...
Read more: USD/JPY Analysis Update Bank of Japan Intervention
We published an article yesterday on looking to buy the USD/PLN on strength but it's fallen hard today but has come back from major support and in our view, represents a low risk buying opportunity with significant upside potential.
We published an article earlier in the week looking for the GBP to fall but it has not fallen but moved strongly to the upside and we are coming to major resistance and looking to sell into it and have changed our short entry.
In terms of the DXY we have been bullish in articles for the last two months and the USD has had a good rise to the upside and we expect the big up trend to continue.
Read more: DXY Analysis and Forecast US Dollar Index Uptrend to Continue
