
Please try another search
The US dollar is developing an offensive, adding almost daily against a basket of major currencies. This nearly 3% bounce from the lower end of the trading range of the last 2.5 years and the 100...
This is a follow-up analysis of our prior report “GBP/USD Technical: Sterling bulls are in control” published on 27 August 2024. Click here for a recap. Since our last publication, the price actions...
The yen is calm on Thursday after sharp losses a day earlier. In the European session, USD/JPY is trading at 148.88, down 0.28%. Fed Minutes: Next Cut Will Likely be 25 bps The Federal Reserve...
The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant...
GBP/USD is in uncharted territory if i may so with the pair confined to a 30 pip range since early Monday morning. Cable is notorious for its significant moves in comparison to its major counterpart,...
The Australian dollar continues to decline and is down for a fifth straight day. In the North American session, AUD/USD is trading at 0.6725, down 0.31%. The Aussie is down 2.7% in October and is...
The big drop in Chinese markets we have seen over the past two sessions has kept the pressure on commodity dollars, although European majors EUR/USD and GBP/USD have been largely unaffected, with the...
The New Zealand dollar is sharply lower on Wednesday. NZD/USD is trading at 0.6079 in the European session, down 0.96% on the day. RBNZ Slashes Rates to 4.75% The Reserve Bank of New Zealand lowered...
NZD/USD continues the bearish correction Technical oscillators are mixed NZD/USD plunged significantly after the RBNZ’s decision to cut interest rates by 50 bps. The pair remained closed to the...
The RBNZ cut New Zealand’s cash rate by 50bps to 4.75% in October Markets were priced for 44bps of easing, with 89 expected over the remainder of 2024 Markets now deem a follow-up 50 in November as...
The Australian dollar has extended its losses for a sixth straight day and is down 2.5% during that period. In the European session, AUD/USD is trading at 0.6736, down 0.29%. RBA minutes: Board...
USD/CHF is poised for a potential bullish move following a recent breakout, supported by a confluence of technical and fundamental factors. The Swiss National Bank’s preference for a weaker CHF and...
Forex Strategies Bearish: GBP/USD is currently @ 1.3103 in a channel in a range and a flag pattern (bearish). We are looking to come out of the flag and target the confluence of the Day chart...
As of Tuesday, EUR/USD remains near a seven-week low, with the pair currently hovering around the 1.0984 mark as it attempts to stabilise. Market focus is intensely on the Federal Reserve's interest...
Political turmoil in Japan is not conducive to further interest rate hikes, weighing on the yen. Meanwhile, US labor market remains strong, and Fed may be mulling a smaller hike. With this backdrop,...