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Eur/usd forecast: euro defines range while waiting for a catalyst
EUR/USD has gathered recovery momentum and climbed toward 1.0800 late Thursday but erased a large portion of its daily gains to close below 1.0750. Th...
Gbpjpy is in neutral bias with 161.80 being strong obstacle
GBPJPY is standing above the long-term uptrend line, but the short-term view seems to be neutral, finding strong resistance at 161.80. The RSI indicat...
Forex trading made easier with forex simulator
If you are looking to enter the world of forex trading, it is important to have the right tools and resources to help you succeed. One such tool is a ...
Usd/jpy drops below 130.00 as yen continues to pile on the gains
The pair is now down over 1% on the day with the drop below 130.00 continuing to vindicate the downside trend t...
Gold price forecast: xau/usd charts a bear flag, putting the 50-dma at risk
Gold price is sitting at the lowest level in five weeks near the $1,850 mark. As FXStreet’s Dhwani Mehta notes, XAU/USD looks south amid Bear Flag. ...
Eur/usd: cycle correction nears completion level
We talked about the EURUSD pair a few reviews ago. The construction of a bearish cycle impulse, consisting of five main sub-waves I-II-III-IV-V, conti...
Saxo bank posts 5% dip in january fx trading volume
Saxo Bank has published the trading metrics on its platforms for January, reporting a decline in total monthly trading volume. The overall trading ...
S&p 500 breaks under trend line
The S&P 500 pared earlier gains after US Treasury yields climbed. On the daily chart, the rally has gained traction after a break above the double top...
European equities open lower to start the day
- Eurostoxx -0.5%
- Germany DAX -0.5%
- France CAC 40 -0.3%
- UK FTSE -0.4%
- Spain IBEX -0.8%
...
Nzd/usd struggles to bounce
The New Zealand dollar falls back over subdued risk appetite. The pair is looking to hold on to its gains after breaking above the December high of 0....
Gbp/usd stages recovery
The pound retreats as traders reposition ahead of a series of UK data. After coming off December’s high of 1.2440, the pair is staging a bounce from...
Eur/aud daily outlook
Daily Pivots: (S1) 1.5417; (P) 1.5454; (R1) 1.5519; More… No change in EUR/AUD’s outlook as deeper fall could be seen to retest 1.5254/71 support ...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8839; (P) 0.8862; (R1) 0.8884; More… Intraday bias in EUR/GBP remains neutral for the moment. Further rise is expected as long ...
A comprehensive guide to double bottom pattern trading
How can you define, construct, and trade the double bottom pattern? Read on to learn the unique features of the double bottom pattern......
Gold price today: 10 grams of 24-carat priced at rs 57,160; silver at rs 70,800 per kilo
Coming to the Multi Commodity Exchange data, gold futures, which will mature on 5 April, fell 0.62 percent to Rs 56,500. Silver futures, which will ma...
Gbp/usd remains depressed near 1.2100 mark, moves little post-uk macro data
The GBP/USD pair extends the previous day’s retracement slide from the vicinity of the 1.2200 mark, or the weekly high and remains under some sellin...
Eur/jpy daily outlook
Daily Pivots: (S1) 140.79; (P) 141.06; (R1) 141.51; More…. Intraday bias in EUR/JPY remains neutral as range trading continues. On the upside, decis...
Eurusd cycle correction nears completion level
We talked about the EURUSD pair a few reviews ago. The construction of a bearish cycle impulse, consisting of five main sub-waves I-II-III-IV-V contin...
Chart art: currency cross opportunities with eur/cad and gbp/chf
Not feelin’ like trading USD today? I gotchu! Take a look at EUR/CAD and GBP/CHF are hitting key support levels......
Gbp/jpy daily outlook
Daily Pivots: (S1) 158.70; (P) 159.11; (R1) 159.78; More… Intraday bias in GBP/JPY stays neutral and outlook is unchanged. On the downside, break of...
Gbp/usd outlook: uk housing market hit by rising interest rates
The pound rose after bullish remarks from BoE policymakers. Would-be homebuyers in the UK were discouraged by the recent interest rate increases. Inve...
Industrial cad market 2023 will touch new level in upcoming year
The MarketWatch News Department was not involved in the creation of this content. Feb 10, 2023 (The Expresswire) — Industrial CAD Market Size 2023-2...
Gbp/jpy steadies above 159.00 as uk q4 gdp matches market forecasts, yields retreat
GBP/USD stays under modest bearish pressure and trades at around 1.2100. The data from the UK showed on Friday that the GDP contracted by 0.5% on a mo...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9875; (P) 0.9891; (R1) 0.9920; More…. No change in EUR/CHF’s outlook as consolidation from 1.0095 is still in progress. Deepe...
Barring a large surprise, we don’t expect much of a market reaction
Markets The unexpected slowing in German inflation, however difficult the numbers are to interpret, determined much of the trading session yesterday. ...
The 6% bet
The DAX index advanced to a fresh year high on Thursday as a 7% rally in Siemens after strong results, and a slowdown in German inflation fueled appet...
Eur/usd pair moved into a bearish zone below 1.0765
The Euro started a fresh decline from the 1.0800 zone against the US Dollar. The EUR/USD pair traded below the 1.0765 level to move into a bearish zon...
Breaking news: uk gdp data in line with estimates, gbp/usd steady
The UK economy stalled in the last quarter of 2022 with 2023 set to provide a host of challenges......
Yen jumps as japan government seeks alternative to amamiya for boj governor post
The report earlier says that the Japan government is set to appoint Kazuo Ueda as the next BOJ governor, after ...
Intraday analysis – usd attempts to rebound
GBPUSD stages recovery The pound retreats as traders reposition ahead of a series of UK data. After coming off December’s high of 1.2440, the pair i...
Eur/usd: downside momentum alleviated above 1.0810 – uob
EUR traded mostly sideways the past few days and downward momentum is beginning to wane. That said, only a breach of 1.0810 (no change in ‘strong re...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3398; (P) 1.3430; (R1) 1.3488; More…. Outlook is USD/CAD is unchanged and intraday bias remains neutral at this point. While th...
Aud/usd daily report
Daily Pivots: (S1) 0.6900; (P) 0.6955; (R1) 0.6992; More… AUD/USD breached 4 hour 55 EMA but quickly retreated. Intraday bias remains neutral first....
Usd/jpy daily outlook
Daily Pivots: (S1) 130.63; (P) 131.23; (R1) 132.12; More… USD/JPY recovered after just brief breach of 4 hour 55 EMA and intraday bias is turned neu...
Japan government reportedly likely to nominate kazuo ueda as new boj governor
Adding to that, the government is to also nominate ex-FSA head, Ryozo Himino, as the new deputy BOJ governor. T...
