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The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US Dollar strengthens with the unfolding US presidential election. This rally aligns with increasing support for Donald...
USD/JPY hits fresh highs as Trump wins battleground states. Resistance of 153.80-154.00 still in play. However, the 153.40-154.00 barrier is still under examination. USD/JPY soared to a new...
NZD/USD edges higher, ignoring weak September jobs report RBNZ may front-load cuts, with risk of a 75bps move in November understated. Kiwi gains tied to US election outcome, vulnerable to extreme...
The US Dollar is the world’s reserve currency and, as such, it garners a lot of attention from traders, investors, and media. Out-sized moves in the US Dollar can lead to moves in all asset classes....
The dollar index is in a starting position and ready to start another move. October was the best month for the DXY in almost two years, but it has pulled back from local extremes in recent days,...
The EUR/USD is feeling the effects of a holding pattern in financial markets, as traders remain hesitant to commit to specific positions. With an exceptionally tight US presidential race, many are...
Forex Strategies Bearish: GBP/USD is currently @ 1.2997 after a triple top in place. We are looking for a continuation to the ATR target @ 1.2916 and then further movement to the 0.618 Fibo @...
The NZD/USD is higher on Monday. In the European session, NZD/USD is trading at 0.5991, up 0.49% on the day. The New Zealand dollar is coming off a miserable October, plunging 5.9%. New Zealand...
The EUR/USD has started the week with strong gains. In the North American session, euro is trading at 1.0890, up 0.55 % on the day. Earlier, the euro rose as high as 1.0914, its highest level since...
EURUSD remains poised around 1.0878 as markets brace for the outcome of the highly anticipated US presidential election. With the world watching, the direction of the major currency pair will hinge...
EUR/USD eyes breakout above 1.0880–1.0900 for further gains. The recent rebound is not enough to upgrade the short-term outlook. A strong rally above 1.1000 is needed for bulls to seize...
Within 24 hours we may or may not know the identity of the 47th president of the United States, but FX options markets have priced in a respectful level of exceptionally high volatility over the...
Forex Strategies Bullish: We are currently @ 197.10 after a 4th wave bounce. We are looking for a continuation to the ATR target @ 198.44-50 and then further movement to the 1.000 Fibo @ 199.59....
USD/JPY gapped down on Monday in Asian opening session and shed -0.9% intraday. The current intraday weakness in the USD/JPY has moved in line with the thinning of Trump winning odds over...
Potential bearish engulfing candle forming may lead to downside risk for USD/CAD Support levels at 1.3869 and 1.3815 in focus, if reversal confirms Momentum shifting as RSI breaks down from...