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Gbpusd storms to a fresh 11-month high

GBPUSD has been in a steady uptrend and recently managed to escape its rectangle pattern, which was in place since November 2022. In the previous dail...

May 9, 2023, 8:31 am

Eurusd skewed triangle hits new highs!

For the EURUSD pair, we can observe the formation of a correction wave IV inside a large impulse. Cycle correction IV, most likely takes the form of a...

May 9, 2023, 7:16 am

Pound sterling price news and forecast: gbp/usd retreats after hitting ytd high despite looming boe’s decision

GBP/USD has reversed its direction and turned negative below 1.2650 in the second half of the day on Monday. Supported by the rising US Treasury bond ...

May 8, 2023, 8:29 pm

Gbp/usd retreats after hitting ytd high despite looming boe’s decision

The GBP/usd slid after the report crossed the screens, from around 1.2640 to current exchange rates, as...

May 8, 2023, 7:59 pm

Gbp/usd strengths beyond mid-1.2600s, hits fresh one-year high amid weaker usd

The GBP/USD pair gains positive traction for the fourth successive day on Monday and builds on its steady intraday ascent through the mid-European ses...

May 8, 2023, 11:44 am

Aud/usd price forecast: commodity prices reinforce aussie while usd slips

AUD/USD prices are up roughly 0.5% looking for its 6th consecutive green close as the pair prepares for a stacked economic data filled week......

May 8, 2023, 9:24 am

Eur/usd still faces strong resistance at 1.1120 – uob

According to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, further upside in EUR/u...

May 8, 2023, 6:29 am

British pound week ahead: gbp/usd stumbles, eur/gbp tests support, boe on tap

GBP/USD is giving back a small part of its recent rally that saw the pair hit a fresh multi-month high of 1.2634 today. The pair may try and reclaim t...

May 8, 2023, 3:59 am

Pound sterling price news and forecast: gbp/usd seesaws around one-year high after posting third weekly gain

EUR/USD begins the trading week without surprises around 1.1025, following a volatile week that ended near the start. The Euro pair cheered the Europe...

May 8, 2023, 1:59 am

British pound week ahead: gbp/usd stumbles, eur/gbp tests support, boe on tap

The Bank of England will announce its latest monetary policy decision next Thursday with a 25bp Bank rate hike already fully priced-in. What Governor ...

May 6, 2023, 7:00 pm

Eur/usd: on the eve of the publication of nfp

Today EUR/usd slightly increased in price. Thus, at the time of publication of this article, the pair w...

May 5, 2023, 12:44 pm

Usd/cad hangs near two-week low, flirts with 1.3500 mark ahead of us/canadian jobs data

USD/CAD drops to a two-week low on Friday and is weighed down by a combination of factors. A further recovery in Oil prices underpins the Loonie and e...

May 5, 2023, 9:59 am

Gbp/usd stays solid above 1.2600 as usd index prone to further downside, us nfp in spotlight

GBP/USD has confidently climbed above the round-level resistance of 1.2600 in the early European session. The Cable has refreshed its 11-month high at...

May 5, 2023, 6:59 am

Gold price forecast: xau/usd seems poised to test ascending channel hurdle, around $2,100

Nevertheless, the XAU/USD remains on track to register strong weekly gains of around 3%. Moreover, the aforementioned fundamental backdrop suggests th...

May 5, 2023, 5:14 am

Aud/usd surpasses 0.6700 firmly on hawkish rba minutes, us nfp eyed

AUD/USD has swiftly crossed the crucial resistance of 0.6700 amid hawkish RBA minutes. A scrutiny of the Trade Balance report showed that Australian g...

May 5, 2023, 1:59 am

Eur/usd stays pressured around 1.1000 after fed, ecb plays, us nfp eyed

EUR/USD holds lower grounds near 1.1010 after failing to cheer the comparatively hawkish European Central Bank (ECB) decision than the Federal Reserve...

May 4, 2023, 10:44 pm

Nzd/usd sticks to gains near multi-week high, looks to build on momentum beyond 200 dma

The fundamental backdrop favours bulls and supports prospects for further near-term gains. Read Full Story at source (may require registration) Author...

May 4, 2023, 1:44 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2489; (P) 1.2539; (R1) 1.2616; More… Intraday bias in GBP/usd stays on the upsid...

May 4, 2023, 1:12 pm

Ecb delivers 25bps hike leaving the door open for further hikes, eur/usd slides

ECB hikes rates by 25bps while pledging that future decisions will make rates sufficiently restrictive. EURUSD heading toward the 1.1000 level......

May 4, 2023, 12:45 pm

Asian stock markets rejoiced post-fomc

US stock indices spooked by Fed Chair Powell’s “hawkish” comments. usd sold off while safe haven ...

May 4, 2023, 7:26 am


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