Or maybe a token rebound before heading on lower. RML is about 350 pips lower and is a significant SR area on the Day chart. We cannot ever know the distances and sequence of directions the MMs will move prices as they cater to SM orders.

USD/JPY clean through 131

Personal income increased billions......for billionaires. Disposable income increased billions.....except for those not billionaires! It is all a manipulation based on the glorious and overwhelmingly comfortable situations of the elite. The ...

Personal Income and Outlays, June 2022

"CAD/JPY’s rally is lagging…are we seeing a reversal?...." Probably "No." It is humorous how technical "analysts" choose to ignore volume. Since volume today has favored the lows........"Buy low, sell high"........odds might be pretty good that ...

Technical view: CAD/JPY’s rally is lagging…are we seeing a reversal?

Normally, there might not be anything wrong with this approach. But Xi is not normal. He is a narcissist that insists on having the control and being obeyed. What he wants is for everyone else to be obedient to him. He threatens folks that resist ...

China says US will 'bear all consequences' if Pelosi visits Taiwan

"China says...." China says whatever Xi Zinping tells his comrades to say. The problem China has is it is a "sheep in wolf's clothing", pretending to be strong, fierce, undefeatable. It isn't. It is weak. It produces products made to fail, from ...

China says US will 'bear all consequences' if Pelosi visits Taiwan

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China says US will 'bear all consequences' if Pelosi visits Taiwan

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China says US will 'bear all consequences' if Pelosi visits Taiwan

A question here is "What, exactly, are the things the Commie Economists want their consumers to 'demand' more of?" .......their inferior plastics products?

Why China’s economic measures may not be enough to drive up consumer demand

"GBPUSD.......Aims to recapture three-week high near 1.2100....." So what? Be bullish? It is not a big deal. RDH is even higher...... With the MMs seemingly catering to filing SM sell orders above the 1.2000 whole level, by ranging price up and down ...

GBP/USD Price Forecast: Aims to recapture three-week high near 1.2100

"The US dollar is mostly firmer....." What BS! As Wednesday mkt day is getting underway and approaching Tokyo Open, UCad, UChf, UJpy are dropping and AU, EU, GU, NU are rising! This source of "news" seems of questionable reliability! Which begs the ...

Greenback Jumps Back

"EUR/USD Wavers......." Wavers? Oh, really? M15 chart for the day clearly shows most of the activity came as price was moved above the whole level. Not only that, but in that larger bulk of activity the biggest portion was while the MMs supported PA ...

EUR/USD Wavers Ahead of FOMC. Will the Fed Surprise with a 100 bp Rate Hike?

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EURUSD stands below 20-day SMA; maintains bearish bias

"....Bulls make a move in Tokyo open...." Well, that is a lie! Check your own M1 chart! Even before TO the PA was dropping from the 137.50 half level. And it continued to drop until the halfway mark to the HKO where it made LOD. PA rose a bit and ...

USD/JPY Price Analysis: Bulls make a move in Tokyo open and eye significant correction

Here....again.....another "news analyst's" fancy, exciting title! And some very bullish inspiring words presented for good measure. Falls short of the simple truth, however, which is for the second day in a row the MMs have taken advantage of having ...

EURUSD Defending Parity Like There Is No Tomorrow

Well, price was pumped up on "impaired' volume, so the MMs apparently did their "thing". Getting price back up to fill more SM short orders? At least that is clearly where most of the volume occurred today......AFTER the MMs had manipulated the ...

EUR & ECB crib sheet: Lifting the euro is a hard task

The outcome will be that trading privately issued digital currencies will be no different than trading anything else. Just another "derivative" to help drain $$$$ from Main Street into the wallets of the "Big Money". If they become "good" then "Big ...

Lowe: Privately issued but regulated digital currencies have benefits

Traded items.....USD, GBP, EUR, etc. do not get "tired". They get MANIPULATED! During the course of any trading day or week "unexpected" moves can happen. It is the nature of the market. It is caused by "Big Money" placing orders on which the MMs ...

Is the US Dollar Tired? Did Fed Frenzy Peak? A Look at the FX Price Action