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USD/JPY inches higher above 112, FOMC on sight

After spending the Asian and the European sessions consolidating below the 112 handle, the USD/JPY pair gathered some bullish momentum in the NA trading hours and rose to a fresh session high at 112.12. As of writing, the pair was trading at 112.03, up 0.22%

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Trade Review: Upside Channel Breakout on NZD/CAD

Decided to close out my NZD/CAD long for both fundamental & technical reasons. Here’s a quick review of thoughts and how the trade turned out! NZD/CAD 4-Hour Forex Chart After being in this trade for a few weeks, I wasn’t getting the upside momentum I

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EUR/JPY rises modestly and hits 1-week highs

EUR/JPY gained momentum during the last hours amid a decline of the Japanese yen. The pair broke above 125.250 and climbed to 125.40, reaching the highest level since May 16. The pair currently is trading at 125.25, marginally higher for the day and close to