Subscribe To
Nzdusd sellers in charge today, but bounces and retests ma resistance.
The NZDusd stepped lower and is trading down for the 3rd consecutive day after a run above the 100-day ...
June 20, 2023, 7:06 pm
Audusd cracks lower. below 200 hour ma after sharp fall today
On Friday, I wrote about the overbought condition of the AUDUSD ("AUDusd shows a crack in the bullish m...
June 20, 2023, 2:26 pm
Eur/usd price forecast: eur/usd grinds in tight range as breakout beckons
EUR/usd struggles for direction as the tug of war between the Euro and the US Dollar continues. Price a...
June 20, 2023, 12:30 pm
Usd/cad: the balance of risk is skewed to the topside from here – danske bank
We still think the balance of risk for USD/CAD is skewed to the topside from here. We pencil in a return of broad-based ...
June 20, 2023, 11:14 am
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2764; (P) 1.2801; (R1) 1.2830; More… Intraday bias in GBP/usd stays neutral for ...
June 20, 2023, 6:58 am
Last week’s usd setback/euro rally taking a breather
Markets Even with no guidance from the US (markets close for Juneteenth) and no important data in Europe, the natural drift in European yields was to ...
June 20, 2023, 6:41 am
Eur/usd remains on the defensive amid modest usd strength, downside seems cushioned
EUR/USD lacks any firm intraday direction and oscillates in a range through the Asian session. A goodish pickup in the US bond yields underpins the US...
June 20, 2023, 4:59 am
Gbp/usd: dips turn attractive in near-term
Key Highlights GBP/USD climbed above the 1.2750 and 1.2800 resistance levels. A major bullish trend line is forming with support near 1.2765 on the 4-...
June 20, 2023, 2:45 am
Usd/cad climbs to 1.3230 area on weaker oil prices, modest usd strength
USD/CAD gains traction for the second straight day and recovers further from the YTD low. Weaker Oil prices undermine the Loonie and lend support amid...
June 20, 2023, 2:44 am
Gbp/usd dips as markets eye boe’s rate decision as a strong usd sets the tone
GBP/USD reverses its course late in the European session amidst a low-volume trading day in the FX space, with US markets closed due to a holiday. A r...
June 19, 2023, 5:59 pm
Eur/usd and gbp/usd trade near multi-month highs while eur/gbp drops further
Last week EUR/usd surged higher as the European Central Bank (ECB) hiked its rates by 25 basis po...
June 19, 2023, 10:14 am
Eurusd slices through 50-day sma but advance pauses
EURUSD had been experiencing a downside correction after peaking at the 13-month high of 1.1094. However, the pair has been regaining ground since it ...
June 19, 2023, 8:39 am
Gbp/usd: focus now shifts to 1.2900 – uob
GBP/usd sellers prod intraday low of around 1.2810 heading into Monday’s London open, printing the fi...
June 19, 2023, 6:14 am
Gold price forecast: xau/usd slides toward $1,950 as china woes join hawkish fed clues
Gold Price (XAU/USD) suffers from the market’s pessimism about China, as well as the fresh hawkish concerns for the Federal Reserve (Fed), as it tak...
June 19, 2023, 4:59 am
Gbp/usd price analysis: cable sellers approach 1.2800 on bearish pennant confirmation
With this, the GBP/usd sellers are likely to break the 1.2800 round figure. However, a convergence of t...
June 19, 2023, 4:59 am
Nzd/usd moves away from monthly peak, slides to 0.6200 on modest usd strength
The NZD/USD pair attracts some sellers near the 0.6235 region on Monday and extends its steady intraday descent through the Asian session, snapping a ...
June 19, 2023, 4:44 am
Eur/usd consolidates gains and eyes fresh increase
EUR/usd surpassed the 1.0850 and 1.0880 resistance levels. A key bullish trend line is forming with sup...
June 19, 2023, 4:14 am
Eur/usd consolidates gains and eyes fresh increase
Key Highlights EUR/usd surpassed the 1.0850 and 1.0880 resistance levels. A key bullish trend line is f...
June 19, 2023, 4:02 am
Gold price forecast: xau/usd sellers lurk above 21 dma on bearish rsi, hawkish fedspeak
Markets are currently pricing roughly a 72% probability of a July Fed rate hike, saving the day for US Dollar bulls. Gold traders will stay focussed o...
June 19, 2023, 3:44 am
Gold price forecast: xau/usd struggles for a firm direction, stuck in a range below $1,960
Gold price continues with its struggle to gain any meaningful traction on Monday and oscillates in a narrow trading band for the second straight day. ...
June 19, 2023, 1:44 am