FTSE100 and DAX rally – Will we finally see some JPY strength next week? [Video]

In today’s Market Outlook, let’s take a look at Forex Trading on USD/JPY, GBP/JPY, NZD/JPY, WTI, Brent Crude Oil, the S&P500, the FTSE100, and the DAX40.

In our last video we spotted potential reversals in fortune for both the German DAX40 and the UK’s FTSE100 and look at what happened to both.

Youtube preview

On the FTSE100 4-hour chart we are seeing bullish price action, bullish confluence in the stochastic oscillator, and MACD heading into bullish territory.

We are seeing the exact same situation on the DAX as well.

Regarding the major US indices, remember that this is the Thanksgiving holiday extra long weekend so not much is going to happen until the Monday New York opening.

This chart on the S&P500 illustrates my point.

Unless, of course, we see some more crazy fundamental events out of Washington over the weekend…we never know, do we?

Looking at the Crude Oil markets, Brent and WTI are still heading lower and we wonder if price action might be forming a symmetrical pennant.

Price action is heading back to the upper trend line but be aware of this Sunday’s OPEC meeting.

Analysts are thinking that they make pause making any changes in oil production to try to stabilise the market into 2026 but we never know until the time.

We are seeing some consolidation in JPY pairs ahead of Monday’s Bank of Japan statement.

Inflation in Japan is still higher than 2% so there may be a hawkish tone to indicate Interest Rate increases which could finally inject some strength into the yen.

Technically, we see USDJPY at over 156 yen and price action has faithfully followed higher lows into a symmetrical pennant.

We see consolidation in the stochastic oscillator as well.

On GBPJPY, we have to look at the weekly chart to see prices over 206 yen back in June so, are we anticipating a reversal?

We hadn’t seen JPY this weak against GBP since 2008.

Another candidate for a reversal may be NZDJPY which has just seen a surge thanks to the New Zealand Interest rate decision we looked at in the last video.

Keep in mind that the fundamentals will likely drive the next moves but we will also watch the technicals like the stochastic oscillator and MACD.

Source link

Visited 1 times, 1 visit(s) today

Related Article

A customer holds hundred rupee notes near a roadside currency exchange stall in New Delhi. File.

Rupee slumps 32 paise to all-time low of 89.85 against U.S. dollar in early trade

A customer holds hundred rupee notes near a roadside currency exchange stall in New Delhi. File. | Photo Credit: Reuters The rupee depreciated 32 paise to an all-time low of 89.85 against the U.S. dollar in early trade on Tuesday (December 2, 2025), weighed down by the broad strength of the American currency in overseas

FXTRADING.com Enters New Era of Growth with Appointment of Adam Phillips as CEO

FXTRADING.com Enters New Era of Growth with Appointment of Adam Phillips as CEO

SYDNEY, Dec. 1, 2025 /PRNewswire/ — FXTRADING.com, a leading global multi-asset broker headquartered in Sydney, today announced the appointment of Adam Robert Phillips as its new Chief Executive Officer (CEO), marking a significant milestone in the company’s strategic expansion. Adam Phillips, CEO of FXTRADING.com Adam brings over 25 years of specialized expertise in institutional trading

Gold Analysis 01/12: Record Breakout Trends (Chart)

Gold Analysis 01/12: Record Breakout Trends (Chart)

Created on December 01, 2025 Today’s Gold Analysis Overview: The overall of Gold Trend: Strongly Bullish. Today’s Gold Support Points: $4200 – $4160 – $4090 per ounce. Today’s Gold Resistance Points: $4290 – $4340 – $4400 per ounce. Today’s Gold Trading Signals: Sell gold from the resistance level of $4300 with a target of $4060

EUR/USD Analysis 01/12: Will Trading Turn Bullish? (Chart)

Will Trading Turn Bullish? (Chart)

Created on December 01, 2025 EUR/USD Analysis Summary Today Overall Trend: : Neutral. Support Levels for EUR/USD Today: 1.1555 – 1.1470 – 1.1400 Resistance Levels for EUR/USD Today: : 1.1640 – 1.1700 – 1.1770 EUR/USD Trading Signals: Buy EUR/USD from the support level of 1.1510 with a target of 1.1700 and a stop-loss at 1.1450.

On November 21, the rupee plunged 98 paise to close at its lifetime low of 89.66 against the U.S. dollar. File

Rupee falls to all-time low of 89.79 against U.S. dollar in intraday trade

On November 21, the rupee plunged 98 paise to close at its lifetime low of 89.66 against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated by 34 paise to an all-time low of 89.79 (provisional) against the U.S. dollar in intraday trade on Monday (December 1, 2025), tracking a negative trend in

Featured Image

KVB Celebrates 25 Years with New Initiatives, Awards, and Global Expansion | Currency News | Financial and Business News

Mutsamudu, Union of Comoros, December 1st, 2025, FinanceWire Global broker KVB has announced a new phase of development as the company marks its 25th year in the financial markets, highlighting platform enhancements, partner-focused incentives, award recognition, and the first stage of a regional CSR program. The anniversary year reflects both the company’s long-term market presence

GBP/USD Forex Signal 01/12: Supertrend Indicator (Chart)

GBP/USD Forex Signal 01/12: Supertrend Indicator (Chart)

Created on December 01, 2025 Bearish view Sell the GBP/USD pair and set a take-profit at 1.3015. Add a stop-loss at 1.3350. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3350. Add a stop-loss at 1.3015. The GBP/USD exchange rate held steady on Monday morning as investors continued to

8,500 people cheated with promise of 8% monthly returns from forex and share market investments via fraud app

8,500 people cheated with promise of 8% monthly returns from forex and share market investments via fraud app | Mumbai News

Mumbai: The Economic Intelligence Unit of the police Economic Offences Wing (EOW) is investigating a cheating case where more than 8,500 investors were assured monthly returns of 7%-8%. The Enforcement Directorate (ED), Surat, seized cash, foreign currency, and digital evidence while inquiring about the investment scheme. The city police, on its X handle, posted a

ET logo

US dollar set for worst week since July as Fed rate cut looms

The U.S. dollar was heading for its worst weekly performance since late July on Friday as traders increased bets that the Federal Reserve will cut rates again next month. The dollar has dropped this week as traders conclude that weakening labor data will lead to more rate cuts, even as many Fed policymakers express concern

Weekly Forex Forecast - 30/11 to 05/12 2025 (Charts)

Weekly Forex Forecast – 30/11 to 05/12 2025 (Charts)

I wrote on the 23rd November that the best trades for the week would be: Long of the USD/JPY currency pair following a daily close above ¥157.77. This did not set up. Long of the S&P 500 Index following a daily close above 6,920. This did not set up. A summary of last week’s most

GBP/USD Major Events Next Week

GBP/USD Weekly Forecast: Bulls Retain Strength on a Bumpy Path

The GBP/USD weekly forecast remains tilted to the upside amid a weaker dollar. Softer US macro data and aggressive Fed easing could keep the pound bulls alive. BoE’s imminent rate cut could cap the upside. The GBP/USD price closed last week on a firm footing, marking a weekly gain of more than 1% and closing

Gold 30/11/2025

Weekly Pairs in Focus 30/11 to 05/11 2025 (Charts)

Created on November 30, 2025 Gold continues to be very noisy, but we’ve had a strong week over the last handful of sessions, which, of course, was interrupted by Thanksgiving in the United States. Nonetheless, this is a market that just has no real hope of breaking down significantly, at least not in this environment.

Traders Around the World Left Hanging After Glitch Took Out CME

(Bloomberg) — The Chicago Mercantile Exchange Group proudly describes itself as the place “where the world comes to manage risk.” Except on Friday, the world was shut out. Most Read from Bloomberg Trading of futures and options was halted due to a fault at a data center, spilling over into multiple markets and affecting contracts

Some services restored at CME, stock index futures still halted

CME halts FX, commodities, futures trading after data center issue

The floor of the Chicago Mercantile Exchange (CME)/New York Mercantile Exchange (Nymex) in New York City. CME Group is the world’s largest and most diverse derivatives exchange. David S. Holloway | Getty Images Trading gradually resumed after coming to a standstill on the Chicago Mercantile Exchange on Friday, as a cooling issue at one of

COMMENT-China Policy Watch-PBOC signal is an amber light — TradingView News

Dollar Gains on Month-End Buying — TradingView News

The dollar index DXY today is up by +0.06%. Month-end buying of the dollar is supporting modest gains, with today being the last trading day of November. Forex trading was light, as futures and options trading on the Chicago Mercantile Exchange were halted until early this morning due to a data-center fault. Strength in stocks

CME Group outage hits U.S. futures trading

Cooling Failure Halts Global Trading, FX Partially Restarts on Black Friday

Date: November 28, 2025Location: Chicago / London / Singapore Key points CME Group halted nearly all Globex futures and options trading late Thursday after a cooling failure at a CyrusOne data center in the Chicago area. [1] Benchmarks from S&P 500 and Nasdaq 100 futures to WTI crude, gold, U.S. Treasuries and Nikkei contracts went

CME Set to Restart Most Operations After Hours-Long Outage

(Bloomberg) — The Chicago Mercantile Exchange was poised to restore most trading operations after an hours-long outage that crippled key parts of financial markets. The exchange said its Globex Futures & Options markets, which handles futures, options, and commodities trading and accounts for 90% of CME Group’s volume, will open at 7:30 a.m. central time,

GBP/USD Aims Steady Recovery as Buyers Test Early Upside

GBP/USD Aims Steady Recovery as Buyers Test Early Upside

Key Highlights GBP/USD started a recovery wave above the 1.3120 barrier. It cleared a key bearish trend line with resistance at 1.3115 on the 4-hour chart. Gold could extend upside if it clears the $4,200 resistance. WTI Crude Oil prices declined steadily below $60.00. GBP/USD Technical Analysis The British Pound formed a base above 1.3050

0
Would love your thoughts, please comment.x
()
x