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Eur/usd slides to one-week low past 1.0950 as us dollar dribbles, focus on ecb vs. fed divergence

EUR/USD remains pressured at the lowest level in a week, declining to 1.0925 amid early hours of Monday’s European session. In doing so, the Euro pa...

August 14, 2023, 6:59 am

Gbp/usd price analysis: cable dribbles around resistance-turned-support near 1.2770 ahead of uk inflation

In a case where the GBP/USD pair breaks the 1.2645 support, the early June swing high of near 1.2545 will precede a 3.5-month-old ascending support li...

June 20, 2023, 11:44 pm

Aud/usd dribbles near 0.6800 after fed-induced volatility near multi-day top, focus on australia employment

On Wednesday, there were no major data releases from Australia but optimism ahead of the Fed underpinned the AUD/USD pair’s bullish bias. That said,...

June 14, 2023, 11:30 pm

Usd/cad bears attack 1.3300 as oil grinds higher, us dollar dribbles ahead of fed verdict

On the other hand, the US Dollar Index (DXY) remains indecisive at the lowest levels in three weeks, retreating from intraday high to 103.30 by the pr...

June 14, 2023, 4:44 am

Aud/usd dribbles around 0.6660 as gains inspired by surprise rba rate hike wane

The AUD/USD pair has displayed a less-confident recovery to near 0.6620 in the early European session after a vertical sell-off from 0.6717. The Aussi...

June 8, 2023, 6:14 am

Usd/cad drills weekly low near 1.3550 as oil price recovers, us dollar dribbles, pmis eyed

USD/CAD holds lower ground at the weekly bottom as it extends the previous day’s fall amid slightly upbeat risk profile and firmer Oil price, not to...

June 1, 2023, 5:59 am

Aud/usd grinds near mid-0.6500s amid cautious markets, us debt limit deal in focus

AUD/USD dribbles around 0.6550 as it struggles to defend the last two-day rebound from a multi-week low...

May 29, 2023, 10:44 pm

Trade ideas thread - european session 25 may 2023

And so dollar bulls finally got the much needed break this week, as some hawkish Fedspeak yesterday and another drop in equities validated the technic...

May 25, 2023, 5:33 am

Eur/usd dribbles below 1.0800 amid lackluster us debt ceiling talks, focus on ecb’s lagarde, fed minutes

EUR/USD pares the biggest daily loss in a week amid cautious markets. Comparatively upbeat US PMIs jostle with the hawkish ECB talks and pre-event anx...

May 23, 2023, 11:59 pm

Gbp/usd: downside pressure appears mitigated – uob

GBP/USD aptly portrays the pre-data anxiety as it dribbles around 1.2430 during early Tuesday morning i...

May 23, 2023, 6:29 am

Gbp/usd price analysis: stays defensive above 50-dma ahead of us/uk pmi data

GBP/USD aptly portrays the pre-data anxiety as it dribbles around 1.2430 during early Tuesday morning i...

May 23, 2023, 3:59 am

Eur/usd price analysis: dribbles within key sma envelope below 1.1000 ahead of us durable goods orders

However, a clear downside break of the 1.0955 support confluence, encompassing the 100-SMA and the aforementioned trend line, becomes necessary to con...

April 26, 2023, 4:44 am

Aussie dribbles lower in european morning trade

I shared some thoughts on that earlier today ...

March 7, 2023, 9:22 am

Usd/cad dribbles around 1.3400 despite dovish boc macklem, mixed fed talks and dicey oil price

USD/CAD holds lower ground while defending the previous day’s reversal from 13-day high. US Dollar remains indecisive even as yields retreat, pays l...

February 8, 2023, 6:14 am

Aud/usd dribbles at eight-month high near 0.7150 as cautious mood joins firmer aussie data, dovish fed

AUD/USD clings to mild gains at multi-day top, sidelined of late. Australia Building Permits came in firmer during December. Market sentiment dwindles...

February 2, 2023, 5:14 am

Gold price forecast: xau/usd bulls flirt with $1,930 hurdle amid china lny holidays, fed ‘blackout’

China’s Lunar New Year (LNY) holidays, pre-FOMC absence of Fed talks restrict market moves. Softer US Dollar keeps XAU/USD buyers hopeful ahead of P...

January 23, 2023, 5:44 am

New zealand data - businessnz manufacturing pmi for december 47.2 (prior 47.4)

BusinessNZ Manufacturing PMI dribbles even further into contraction, comes in at 47.2 in December:...

January 19, 2023, 9:30 pm

Aud/usd dribbles around 0.6900 as traders await aussie trade balance, china inflation

AUD/USD awaits fresh clues to extend recent gains, eyes fourth weekly upside. Dovish Fed talks, upbeat Aussie data allowed bulls to keep the reins. Wa...

January 11, 2023, 10:59 pm

Nzd/usd price analysis: dribbles inside weekly triangle below 0.6400

NZD/USD remains sidelined inside a short-term symmetrical triangle formation. Sustained trading beyond the key HMAs, steady RSI favor buyers. Sellers ...

January 10, 2023, 11:44 pm

Aud/usd dribbles below 0.6900 after unimpressive fed, focus on australia, china data

AUD/USD remains sidelined near three-month high after refreshing the top. Fed failed to impress US Dollar bulls by marching wide forecasts on rates an...

December 14, 2022, 11:14 pm


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