It is All About The Next 48 hours

The next 48 hours are going to be the most crucial for traders as they eagerly await for the upcoming decisions from three major banks: the Federal Reserve Bank, the Bank of Japan, and the Royal Bank of New Zealand. Expectations are sky high for the BOJ and investors are craving for more liquidity. Although…

Market Update – 27/04/16

Currencies EUR/USD – continues to climb as the bad data out of the US gave it move power to move higher, and is likely to test the resistance around the 1.1375 level and possibly even beyond, around the 1.1455 level, if the FOMC statement will be dovish. USD/JPY – tested the support around the 111…