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Treasury moves, not Nvidia or geopolitical headlines, drive EUR/USD and GBP/USD price action Both pairs whipsawed as yields rose, with technical signals offering mixed clues. Momentum favours buying...
The pound continues its gains for the third day in a row against the Japanese yen, rising more than 0.6% to regain the 197.40 level.The pound’s gains today come after a higher-than-expected...
Forex Strategy is Bearish: We are currently @ 91.57 at a significant top. If USDX continues up, we are looking for a continuation to the ATR target @ 90.88 area and then to the 0.618 Fibo @ 90.79....
Learn how the 2024 elections could affect your trading portfolio. Read what traders & investors need to know about the election's impact on financial markets.
UK Inflation rises to a 6-month high of 2.3% in October, driven by services inflation. GBP/USD faces downside pressure but could rally if the daily candle closes above 1.2680. GBP/JPY shows mixed...
UK inflation beat expectations and accelerated markedly, but this only temporarily boosted the GBP/USD. The pair came under further selling when it broke above 1.2700.CPI rose 0.6% in October, and...
The AUD/USD against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart. After three sessions of gains, the currency pair is...
Hot Canadian inflation report sees USD/CAD sink to known support level EUR/USD whipsawed by geopolitical headlines; near-term bullish bias retained Overview Canada’s inflation report was a little...
The Dollar Index is retreating from Thursday's highs, moving against the logic of fundamental forces. This behaviour begs the question: either the Dollar Index has reached the limits of its range,...
The AUD/USD is showing limited movement on Tuesday. In the European session, AUD/USD is trading at 0.6501, down 0.14% on the day. The Aussie flew out of the gates on Monday, climbing 0.75%. RBA...
The EUR/USD pair has struggled to find footing, trading below the $1.06 and vulnerable to further losses. Tuesday has been hit by latest escalation in Russia’s war against Ukraine, something which...
In this update, we review the recent price action in the Dollar Index, EURUSD & GBPUSD and identify the next high-probability trading opportunities and price objectives using structural and...
GBP/USD returned to gains after a six-day decline. GBP/USD bulls step in after six-month low near 1.2600. Price near oversold area, but bullish area is above 1.3000. GBP/USD returned to gains after...
Quotes GBP/USD defend important support in the 1.26 region Bank of England is ready to continue interest rate cuts UK economy clearly out of breath Get ready for massive savings on InvestingPro this...
Markets are consolidating after a period of heightened volatility. In focus currently is President-elect Trump’s pick for the influential post of US Treasury Secretary. Given the large US budget...
USD/CAD prints a bearish engulfing candle after protracted uptrend Canadian inflation report provides near-term event risk Markets split on whether BoC will deliver consecutive 50bp...