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Eur/usd starts recovery, usd/chf dips below support

EUR/usd started a recovery wave above the 1.0830 resistance. USD/CHF is showing bearish signs below the...

August 30, 2023, 11:11 am

Gbp/usd forecast: pound sterling could extend rebound on weak us adp jobs data

GBP/usd stabilized above 1.2600 after posting small gains on Monday and Tuesday. Cautious market mood l...

August 30, 2023, 9:29 am

Aud/usd struggles near 0.6460 on downbeat australian cpi, focus shifts to us data

AUD/USD trades lower on disappointing Australia’s inflation. Australian CPI declined to a 17-month low; investors expect no interest rate hike by th...

August 30, 2023, 8:44 am

Elliott wave update of eurusd – august 30th, 2023

Weak US labor market data sent EURusd sharply higher yesterday, but are those gains sustainable or is t...

August 30, 2023, 7:08 am

Eur/usd: downside pressure looks mitigated – uob

Further decline in EUR/usd seems to be losing traction, note Economist Lee Sue Ann and Markets Strategi...

August 30, 2023, 6:29 am

Gold price forecast: xau/usd stays defensive around $1,940 as bulls seek confirmation of dovish fed bias

Softer US employment, inflation concerns will allow the Gold Price to challenge monthly high. Read Full Story at source (may require registration) The...

August 30, 2023, 3:29 am

Eur/usd snaps two-day winning streak, trades lower around 1.0870

EUR/USD trades lower ahead of economic data releases from both economies. US Dollar (USD) weakened due to disappointing US economic data on Tuesday. I...

August 30, 2023, 3:14 am

Eur/usd surges above the 1.0880 mark, eyes on german cpi, us key data

AUD/usd seesaws at the weekly high around 0.6480 after posting the stellar run-up on downbeat US data. ...

August 29, 2023, 11:59 pm

Gold price forecast: xau/usd surges on weak us jobs data, warranting less aggressive fed

Gold price advances almost 1% as the Greenback (USD) gets battered across the board, undermined by falling US Treasury bond yields after data prompted...

August 29, 2023, 8:44 pm

Nzd/usd surges to three-day highs on weak us labor data, chinese stimulus

The report highlighted that inflation expectations for a year ahead jumped to 5.8%. The CB poll showed Americans are confident about finding a job, wh...

August 29, 2023, 5:45 pm

Eurusd runs higher after weaker data. runs up to 200 hour moving average at 1.08472

The EURUSD is run to the upside as yields tumble after weaker consumer confidence data and jolts job openings. Consumer confidence fell to 106.1 which...

August 29, 2023, 2:31 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2531; (P) 1.2576; (R1) 1.2593; More… Intraday bias in GBP/usd stays neutral as c...

August 29, 2023, 1:20 pm

Eur/usd sticks to modest gains below mid-1.0800s, upside potential seems limited

EUR/USD moves away from over a two-month low and is supported by a modest USD downtick. Retreating US bond yields and a positive risk tone turn out to...

August 29, 2023, 3:59 am

Eur/usd slips to 10-week low after soft german business climate

German business climate falls for fourth consecutive month Fed Chair Powell and ECB President Lagarde address Jackson Hole summit The euro has posted ...

August 28, 2023, 3:30 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2535; (P) 1.2594; (R1) 1.2641; More… Intraday bias in GBP/usd stays neutral for ...

August 28, 2023, 1:11 pm

The gbp/usd shift: decoding the head and shoulders signal

The GBPUSD pair, often referred to as the “cable” in trading parlance, has been an emblem of currency trading for decades. This evergreen trading ...

August 28, 2023, 11:59 am

Gbp/usd struggles to recover, usd/cad holds support

GBP/USD is struggling to recover above 1.2665. USD/CAD is holding gains above 1.3560 and might start another increase. Important Takeaways for GBP/USD...

August 28, 2023, 10:18 am

Aud/usd and nzd/usd signal downside continuation

AUD/USD declined below the 0.6450 and 0.6430 support levels. NZD/USD is also moving lower and might trade below the 0.5900 zone. Important Takeaways f...

August 28, 2023, 10:16 am

Aud/usd surrenders modest intraday gains, seems vulnerable near 0.6400 mark

AUD/USD attracts some intraday sellers on Monday and retreats to the daily low in the last hour. Looming recession risks overshadow China’s new meas...

August 28, 2023, 8:59 am

Nzd/usd snaps the two days losing streak, holds above the 0.5900 mark, eyes on chinese pmi, us nfp

NZD/USD attracts some buyers above 0.5900 on Monday. Chinese finance ministry would reduce the 0.1% duty on stock trading to boost the capital market,...

August 28, 2023, 7:44 am


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