Forex daily: usd sees some short-term upside against gbp and eur, but analysts split over fed direction

While GBP/USD closed slightly higher yesterday, the pair dipped 40 pips to 1.237 in this morning’s Asia trading window. Cable pulls back from mid-De...

January 27, 2023, 8:59 am

Nzd/usd once again struggles to find acceptance above 0.6500 amid modest usd strength

The NZD/USD pair continues with its struggle to find acceptance above the 0.6500 psychological mark and seesaws between tepid gains/minor losses on Fr...

January 27, 2023, 7:59 am

Usd/cad forecast: seems vulnerable to challenge 200-day sma, us pce in focus

USD/CAD stages a modest recovery from over a two-month low amid a modest usd strength. Thursday’s upb...

January 27, 2023, 6:59 am

Eur/usd outlook: 200-hour sma around 1.0850 holds the key for bulls ahead of us pce

EUR/USD drifts lower for the second successive day on Friday amid a modest usd strength. Thursday’s u...

January 27, 2023, 5:44 am

Gold price forecast: xau/usd have smooth road to $1,900 as us pce inflation, fed loom – confluence detector

US Dollar’s rebound ahead of Fed’s preferred inflation gauge also weighs XAU/USD. Hopes of US debt ceiling extension, fading recession woes underp...

January 27, 2023, 4:44 am

Goldman sachs fed view: balance of risks toward further tightening, not cuts later in 2023

This is via the folks at eFX.

For bank trade ideas, ...

January 26, 2023, 9:35 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2321; (P) 1.2363; (R1) 1.2442; More… Intraday bias in GBP/usd stays neutral for ...

January 26, 2023, 2:46 pm

Aud/usd sits near multi-month peak, just above 0.7100 mark ahead of us gdp

AUD/USD retreats a few pips from a fresh multi-month top touched earlier this Thursday. A combination of factors helps revive the USD demand and exert...

January 26, 2023, 11:14 am

Aud/usd stays on track in approach to august highs

As we moved towards US trading yesterday, there were some fears that the early gains in AUD/USD would dissipate...

January 26, 2023, 5:13 am

Crypto watchlist: how high can cardano (ada/usd) go?

Crypto bulls are back in action these days, but can ADA/usd sustain its rally past this key resistance ...

January 26, 2023, 3:19 am

Aud/usd price analysis: steadies around 0.7100 amid hidden bearish rsi divergence

AUD/usd seesaws around five-month high as bulls take a breather after four-day uptrend. Higher highs on...

January 25, 2023, 11:59 pm

Eur/usd picks up pace and retargets 1.0900

EUR/USD back to the boundaries of 1.0900 the figure on Wednesday. EUR/usd so far advances for the sixth...

January 25, 2023, 3:44 pm

Euro latest: eur/usd steady near its multi-month high, german ifo report cheers

Sentiment in the German economy ‘has brightened’ according to the latest Ifo report and this may give ECB a bit more ammunition as they continue t...

January 25, 2023, 12:00 pm

Intraday analysis – usd struggles to bounce

EURUSD continues higher The euro finds support from upbeat PMIs in the eurozone. On the daily chart, the close above last May’s high of 1.0770 conti...

January 25, 2023, 7:47 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2264; (P) 1.2339; (R1) 1.2415; More… Intraday bias in GBP/usd stays neutral as r...

January 25, 2023, 7:17 am

Gbp/usd steadies above 1.2300 as markets expect boe, fed approaching policy pivot

GBP/USD holds lower ground near 1.2320 as bears seek more clues to rule further heading into Wednesday’s London open. In doing so, the Cable pair re...

January 25, 2023, 5:59 am

Is the move higher in aud/usd set to continue?

Since bottoming on October 12th, 2022, at 0.6170, AUD/USD has been on a tear higher. In roughly three months, the pair retraced to the 61.8% Fibonacci...

January 25, 2023, 3:32 am

Nzd/usd surrenders intraday gains amid softer risk tone, modest usd bounce ahead of us pmis

NZD/USD attracts some intraday sellers amid a modest bounce from a multi-month low. Recession fears take a toll on the risk sentiment and benefit the ...

January 24, 2023, 1:44 pm

Gbp/usd should drop towards the 1.2320 level

Today, the FX pair could rest its resistance level at around $1.2420-1.2435, but if it is unable to break through it, then it should drop towards its ...

January 24, 2023, 11:59 am

Gbp/usd slips on record debt, soft pmis

The British pound has posted slight gains on Tuesday. In the European session, GBP/USD is trading at 1.2302, down 0.60%. UK debt hits record UK debt c...

January 24, 2023, 11:19 am