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Pound sterling price news and forecast: gbp/usd struggles to capitalize on upbeat uk data

The week wrapped up on a high note in the UK, as the economy grew by 0.2% q/q in the second quarter. The gain was indeed modest, but it beat the conse...

August 11, 2023, 1:14 pm

Usd/cad remains on the defensive below mid-1.3400s, bullish potential seems intact

USD/CAD trades with a mild negative bias on Friday, albeit lacks follow-through selling. The emergence of some ...

August 11, 2023, 8:14 am

Aud/usd daily report

Daily Pivots: (S1) 0.6481; (P) 0.6548; (R1) 0.6583; More… Intraday bias in AUD/usd stays neutral for ...

August 11, 2023, 8:00 am

Eur/usd daily outlook

Daily Pivots: (S1) 1.0944; (P) 1.1004; (R1) 1.1042; More… Intraday bias in EUR/usd stays neutral at t...

August 11, 2023, 7:50 am

Aud/usd snaps three-day downtrend above 0.6500 as rba’s lowe defends hawks ahead of us data

AUD/USD reverses the previous downside break of a 10-month-old rising trend line of around 0.6550. Also acting as a short-term downside filter is an u...

August 11, 2023, 7:44 am

Intraday analysis – gold struggles for support

GBPusd struggles to bounce Cable turned lower after the US CPI showed an uptick in July. The pair had p...

August 11, 2023, 7:10 am

Eur/usd steadies below 1.1000 as fed officials welcome us inflation data, ecb signals uncertain times

It’s worth noting that the US Initial Jobless Claims rose to 248K for the week ended on August 04 versus 230K expected and 227K prior while Continui...

August 11, 2023, 1:14 am

The eur ends day as the strongest and the jpy is the weakest

The EUR and CHF are neck-and-neck for the strongest of the major currencies, while the JPY is the weakest. The USD initially moved lower after the CPI...

August 10, 2023, 9:11 pm

Eur/usd price analysis: next on the upside appears 1.1150

EUR/usd spiked above 1.1050 with the initial reaction to the US inflation data but erased a portion of ...

August 10, 2023, 2:30 pm

Australian dollar retreats over lower consumer inflation expectations

AUD/usd struggles to rebound The Australian dollar retreats over lower consumer inflation expectations....

August 10, 2023, 8:03 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2693; (P) 1.2737; (R1) 1.2763; More… Intraday bias in GBP/usd stays neutral and ...

August 10, 2023, 7:05 am

Fx play of the day: aud/usd consolidation ahead of top-tier u.s. data

I’m looking at another triangle on another dollar pair today! This time I’ve got this AUD/usd setup...

August 10, 2023, 6:56 am

Eur/usd seen trading within the 1.0920-11080 range – uob.

EUR/USD is treading water within a key technical envelope below 1.1000 in Asia this Thursday. Traders refrain from placing fresh bets on the major ahe...

August 10, 2023, 6:44 am

Nzd/usd snaps two-day downtrend below 0.6100 despite sluggish us dollar ahead of inflation data

NZD/USD remains sidelined near 0.6065-70 during the first positive day in three amid early Thursday morning in Europe. In doing so, the Kiwi pair just...

August 10, 2023, 6:29 am

Intraday analysis – usd awaits catalyst

AUDusd struggles to rebound The Australian dollar retreats over lower consumer inflation expectations. ...

August 10, 2023, 6:25 am

Forexlive asia-pacific fx news wrap 9 aug: the apac session was about waiting for us cpi

USDJPY pushes up against the swing high from last week and highest level since July 7EURJPY pushes against ceiling area. Key area for both buyers and ...

August 10, 2023, 4:11 am

Nzd/usd sticks to modest intraday gains above mid-0.6000s, focus remains on us cpi

NZD/USD gains some positive traction on Thursday, though the upside potential seems limited. Bets for more rate hikes by the Fed continue to underpin ...

August 10, 2023, 2:59 am

Gbp/usd struggles for a firm intraday direction around 1.2715, eyes on us cpi

The GBP/USD pair moves sideways above the 1.2700 area during the early Asian session on Thursday. Market participants prefer to wait on the sidelines ...

August 10, 2023, 2:29 am

Audusd sellers in control. find out why in this technical video analysis.

The AUDusd sellers are near lows for August and also below a key swing area on the daily chart going ba...

August 10, 2023, 1:39 am

Gbp/usd price analysis: cable grinds within weekly triangle above 1.2700, focus on us cpi, uk gdp

GBP/usd seesaws around 1.2720 while portraying the pre-data anxiety on early Thursday, after declining ...

August 10, 2023, 12:29 am


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