Free Trial

Bullish Focus


What to watch


Spanish Factory Gate Inflation Soars to 35.9%


Opening calls


USDNOK is up 0.49% in early trade


USD/ZAR Retests its 100dma, FOMC & SARB In Focus

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • CZKJPY has been constantly reaching lower highs in recent days, currently trading slightly above the 5 level.
  • A break below that level would open the door for a move down to 4.9570, which corresponds to the 38.2% Fibo retracement of the 4.4360 – 5.2790 range.
  • Key resistance on the topside now stands at 5.10, which corresponds to the 200DMA (acted as a strong support line in latest bull cycle before breaking below in November).
  • CZK still remains vulnerable against JPY in the near term amid rising uncertainty; a sudden spike in volatility due to downward revisions in growth expectations is likely to favor ‘safe-haven’ yen over CEE currencies.

Source: Bloomberg/MNI