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EUR/JPY briefly tested the area above the 126.00 mark on Wednesday. Occasional pullbacks should meet support near 124.40 (weekly lows). Following last week’s 2020 tops near 126.80, EUR/JPY has embarked in a corrective downside which met quite decent contention in the 124.50/45 band (August 21). The

GBP/USD has been edging up as Brexit fears fade. Meanwhile, Downing Street rejects rumors that PM Johnson will be stepping down in six months. The main driver is Fed speculation, yet politics and the virus remain of high interest as well, FXStreet’s analyst Yohay Elam informs. Key quotes “Speculatio

Silver bulls continue to face rejection at 50-HMA.   Hourly RSI turns bearish, suggesting more downside. $26.05 could continue to limit the declines in XAG/USD. Silver (XAG/USD) extends its bearish consolidation phase into a fourth straight session on Wednesday, carving out a descending triangle on

AUD/USD has found a bid on the back of the latest updates pertaining to the trade wars between the US and China. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He on Monday. AUD/USD has been lifted to test the 0.7180s in recent tr

USD/JPY teases the bears while refreshing the intraday low. Risk-tone remains firm with S&P 500 Futures flashing record high. Concerns surrounding Japanese PM Abe’s health, virus woes in Tokyo fail to heavy Japanese yen. US election news, Sino-American tension could be spotted as the latest cata

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