Gold price forecast: xau/usd struggles below $1,900 as federal reserve chairman jerome powell’s speech looms

Gold price fades week-start rebound from one-month low amid sluggish markets ahead of key data, events. United States policymakers tame recession woes...

February 7, 2023, 1:14 am

Nzd/usd price analysis: stays defensive above 0.6270 support confluence

NZD/usd seesaws around the 0.6300 round figure as bears take a breather, after a three-day south-run, d...

February 7, 2023, 12:14 am

Boc survey sees negative gdp growth in 2023 with rates falling 50 bps by year end

• Median GDP for 2023 at -0.4%
• GDP of +2.0% in 2024
• Accumulated savings and commodity prices are main upside risks
• Weake...

  February 6, 2023, 3:42 pm

Weekly forex analysis feb 6 – 10, 2023 – the market just turned around!

The usd seems stronger across the board The trading rooms are the opportunity to trade together with ou...

February 6, 2023, 3:11 pm

Xag/usd seeks floor

Silver plunges as Treasury yields and the US dollar leap forward post-NFP. The metal was struggling to sustain its momentum in the major supply zone a...

February 6, 2023, 8:21 am

Worst week for gbp/usd since truss’s september budget

Asian Indices: Australia’s ASX 200 index fell by -25.6 points (-0.34%) and currently trades at 7,532.50 Japan’s Nikkei 225 index has risen by 223....

February 6, 2023, 8:18 am

Usd/jpy eases from multi-week top, bullish potential intact amid post-nfp usd strength

The USD/JPY pair struggles to capitalize on its modest bullish gap opening and retreats a few pips from over a three-week high touched earlier this Mo...

February 6, 2023, 7:29 am

Eur/usd price analysis: treads water beyond 1.0760 key support

EUR/usd seesaws near 1.0800 as bulls and bears jostle during a sluggish Monday morning in Europe. In do...

February 6, 2023, 7:14 am

Aud/usd daily report

Daily Pivots: (S1) 0.6866; (P) 0.6975; (R1) 0.7030; More… Intraday bias in AUD/usd stays on the downs...

February 6, 2023, 4:37 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.1979; (P) 1.2122; (R1) 1.2197; More… Intraday bias in GBP/usd stays on the downs...

February 6, 2023, 4:15 am

Gbp/usd drops sharply while eur/gbp gains momentum

GBP/usd started a fresh decline below the 1.2200 support zone. EUR/GBP is rising and trading above the ...

February 6, 2023, 3:59 am

Eur/usd corrects lower as dollar gains heavily

EUR/usd started a downside correction from the 1.1040 zone. It traded below a key bullish trend line at...

February 6, 2023, 3:59 am

Aud/usd struggles to defend 0.6900 amid us-china tussles over balloon, focus on fed’s powell, rba

AUD/USD retreats from intraday high, fading the initial reaction to the mixed Aussie data amid risk-off mood amid early Monday. In doing so, the risk-...

February 6, 2023, 3:44 am

Eur/usd corrects lower as dollar gains heavily

Key Highlights EUR/usd started a downside correction from the 1.1040 zone. It traded below a key bullis...

February 6, 2023, 3:24 am

Gbp/usd slides towards 1.2000 as cable traders await fed/boe talks, uk gdp

GBP/USD takes offers to refresh monthly low, prints three-day downtrend. Dovish concerns surrounding BoE contrasts with the latest rebound in Fed outl...

February 6, 2023, 1:59 am

Aud/usd price analysis: bears under a 78.6% target area ahead of rba

AUD/usd sold off in a huge way at the end of last week and has broken critical breakout structures alon...

February 5, 2023, 10:29 pm

Gbp/usd weekly forecast: risks remain skewed to the downside, with eyes on uk gdp

The focus now shifts toward the United Kingdom’s quarterly GDP data release. Technically, the tide seems to have turned in favor of GBP/...

February 3, 2023, 3:59 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2164; (P) 1.2282; (R1) 1.2342; More… Intraday bias in GBP/usd stays on the downs...

February 3, 2023, 2:36 pm

Gbp/usd slides to nearly three-week low, below 1.2200 as traders await us nfp report

A break below the 1.2200 mark might have set the stage for further losses ahead of NFP. The GBP/USD pair extends the previous day’s rejection slide ...

February 3, 2023, 9:44 am

Gbp/usd risks a deeper pullback – uob

According to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, GBP/usd should ...

February 3, 2023, 7:14 am