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GBPJPY

XM Research

XM Research - 1 day ago

Could the post-UK elections market moves resemble 1997 and 2010?

Thursday's UK elections expected to bring political change Similar developments in both 1997 and 2010 weighed on the pound History points to a significant easing in pound volatility across the board Recent FTSE 100 performance matches the 2015 pre-election moves General election in sight The UK general election will be held this Thursday, July 4, the day that the US will be celebrating its 248th anniversary from the adoption of the Declaration of Independence.
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XM Research - 2 days ago

Yen volatility remains high as equities appear calmer – Volatility Watch

Euro/dollar volatility jumps after French elections Volatility in commodities eases, apart from oil Stock indices’ volatility falls ahead of key data releases Euro/dollar volatility has eased over the past week as the market is breathing slightly easier following Sunday’s French elections result. On the flip side, volatility in yen crosses remains extremely high as market participants continue to provoke the BoJ by pushing dollar/yen above the level that led to the end-April
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XM Research - 6 days agoBullish

Technical Analysis – GBPJPY unlocks new 16-year high

GBPJPY posts several green days RSI and stochastics are overstretched GBPJPY is recording the tenth consecutive green day, posting a fresh 16-year high of 203.57. The market is looking positive, but the technical oscillators are suggesting overstretched momentum. The RSI is flattening near the 70 level, while the stochastic is moving horizontally above the 80 level.
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XM Research - 1 week ago

Besides commodities, volatility is heightened across the board - Volatility Watch

Yen crosses are very volatile as they approach intervention levels Volatility is extremely low in the commodity sphere US and global equities exhibit volatility jump, Bitcoin follows suit Volatility in yen pairs has been elevated for the past few days as they have been trading within breathing distance from the levels that Japanese authorities were willing to defend in the recent past.
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XM Research - 2 weeks ago

Midweek Technical Look – GBPJPY, Oil, US 500

GBPJPY tries to retest 16-year high WTI crude oil eases somewhat after almost 2-month high US 500 skyrockets to another record peak above 5,500
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XM Research - 2 weeks agoBullish

Technical Analysis – GBPJPY is ready to re-challenge 16-year high

GBPJPY rebounds off 198.90 Stochastics and RSI show positive signals GBPJPY is heading upwards again after the selling interest in the previous week and the bounce off the 198.90 support level. The market is ready to test the 16-year high of 201.64, while even higher the 261.8% Fibonacci extension level of the down leg from 188.65 to 178.80 at 204.70 may halt bullish movements.
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XM Research - 2 weeks ago

Volatility skyrockets in FX and stock markets - Volatility Watch

Euro and pound pairs are very volatile but for different reasons Volatility is extremely low in the commodity sphere US and global equities exhibit volatility jump, Bitcoin seems quiet Volatility in euro crosses has picked up as the region suffers from political instability following the EU elections and fears of a renewed debt crisis.
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XM Research - 3 weeks agoBullish

Technical Analysis – GBPJPY bounces to 14-year high; eyes on 201 resistance

GBPJPY unlocks a new high after the Bank of Japan defies expectations of reduced bond purchases Technical signs are positive, but the bulls need to breach the 201 obstacle   GBPJPY stepped on the long-term ascending line at 200 and jumped to a new 14-year high of 201.59 in the BoJ aftermath on Friday with scope to continue its long-term positive trend.
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XM Research - 3 weeks ago

Volatility surges across the board – Volatility Watch

Forex pairs are very volatile after strong NFP report Volatility in gold and silver ticks up, oil swims in calm waters US equities exhibit volatility jump amid correction fears Volatility in dollar crosses has picked up as the stronger-than-expected NFP report dialed back rate cut expectations, while investors are bracing for the FOMC meeting and the CPI print later this week. Euro pairs are in a similar position after the EU elections sparked a wave of politically instabili
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XM Research - 4 weeks agoBullish

GBPJPY postsan almost 16-year peak of 200.73 But then reverses lower due to overbought conditions RSI and MACD ease but remain in positive territories GBPJPY has been in a prolonged uptrend since early 2024, posting an almost 16-year high of 200.73 on May 29 before experiencing a setback. However, in the past couple of sessions, the pair managed to halt its decline and retraced back higher towards its recent multi-year peak.
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XM Research - 4 weeks ago

Volatility ticks up in commodity and stock markets – Volatility Watch

Forex pairs in a quiet mood despite upcoming rate decisions Volatility in oil skyrockets, gold swims in calm waters US equities exhibit volatility jump as they ease from record highs Euro/dollar and euro/pound volatilities have been in the middle of their 30-day range, even though markets are bracing for the first interest rate cut by the ECB since 2016 on its Thursday meeting.
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XM Research - 1 month ago

Market Comment – Dollar trades sideways as focus turns to US yields

US stock indices under pressure as yields climb German CPI could dictate next week’s ECB rhetoric Yen underperformance lingers; all eyes on Friday’s Tokyo CPI Dollar rallied on Tuesday, US stock indices were mixed Following a couple of negative sessions, the US dollar showed its strength yesterday as it managed to outperform the euro.
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XM Research - 1 month ago

Low volatility across the board besides Bitcoin – Volatility Watch

Forex pairs in a relatively quiet mood Volatility in Bitcoin and silver skyrockets US equities enjoy low volatility despite rally to record highs Euro/dollar volatility has dropped aggressively over the past week as markets are bracing for inflation data both from the US and Eurozone this week. Similarly, volatility in yen crosses remains muted even though the Japanese currency is trading near historical lows against its major peers, while the latest downbeat inflation data out
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XM Research - 1 month agoNeutral

Technical Analysis – GBPJPY continues its journey north

GBPJPY closing in to pre-intervention levels BoJ has the habit of intervening during bank holidays Momentum indicators remain bullish GBPJPY is edging higher again today, trading very close to the levels that forced the BoJ to intervene twice in late April. This pair has been experiencing a non-stop rally from the early May lows, quickly erasing the post-intervention correction.
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XM Research - 1 month ago

Commodities' volatility jumps due to geopolitics – Volatility Watch

Euro/dollar volatility eases aggressively Volatility in gold and silver skyrockets US equities enjoy low volatility amidst weekly gains Euro/dollar volatility has dropped aggressively as the market is adjusting to a quieter data calendar that nevertheless includes a plethora of Fed speakers. Similarly, volatility in yen crosses remains moderate as market participants, especially in dollar/yen, appear unwilling to further provoke the BoJ and risk significant losses.
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XM Research - 2 months agoNeutral

Technical Analysis – GBPJPY ascends as BoJ is on the lookout

GBPJPY in the green again, returns to pre-intervention levels Increasing possibility of another BoJ intervention Momentum indicators remain mostly bullish GBPJPY is edging higher again today, recording its ninth green candle in the last 10 sessions. The bearish momentum after the recent BoJ interventions has faded with the pair quickly returning to pre-intervention levels.
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XM Research - 2 months ago

Higher euro/dollar volatility ahead of US CPI report – Volatility Watch

Euro/dollar enjoys strong volatility ahead of key data releases Gold and silver see higher volatility amidst muted price rally Volatility drops in US equities as risk appetite returns Euro/dollar volatility has jumped higher as the market is preparing for some key US data prints. On the flip side, volatility in yen crosses remains moderate after the recent Japanese interventions, with market participants trying to avoid further provoking the BoJ at this stage.
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XM Research - 2 months agoNeutral

GBPJPY keeps climbing higher, above the recent rectangle pattern GBPJPY bulls survived last week’s interventions by the BoJ Momentum indicators have turned bullish GBPJPY is recording its fifth consecutive green candle, most likely closing the week around 2% up from last Friday’s close. Despite the recent weak US labour market report, the yen has failed to maintain any momentum from last week’s double intervention by the BoJ, surrendering most of its gains.
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XM Research - 2 months agoNeutral

Technical Analysis – GBPJPY returns to pre-intervention levels

GBPJPY tries to record another red candle, well below its recent record high level The BoJ intervenes again since the Fed remains concerned about inflation Momentum indicators are mixed, stochastics acknowledge the bearish pressure GBPJPY is hovering around the busy 191.47-192.57 range and far below its new 16-year high of 200.50. The market is digesting the repeated BoJ interventions with the latest action most likely caused by the Fed’s unwillingness to open the door to rate c
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XM Research - 2 months ago

Besides yen pairs, neutral volatility across the board ahead of Fed and NFP – Volatility Watch

Japan’s intervention spurs volatility in yen pairs, usual action elsewhere in FX market Commodities enjoy lower volatility as geopolitical tensions subside Equities at neutral volatility levels during earnings season, Bitcoin volatility picks up Volatility in yen crosses has exploded on the back of a suspected Japanese intervention. Moreover, apart from dollar/yen, other dollar pairs are trading in the middle of their volatility range ahead of the Fed decision on Wednesday and
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