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The GBP/USD pair is on the rise for the second consecutive month, reaching the March high at 1.2817. Recently, investors were concerned about the possibility that the U.S. Federal Reserve would...
Bullish: Currently we are at 1.2782 in a triangle in a range. We are looking to continue to the ATR target@ 1.2831 area with an outside target at the 1.618 Fibo @ 1.2835 area. This requires that...
After starting the week with sharp swings, the Australian dollar is showing little movement on Wednesday. AUD/USD is trading at 0.6644 in the European session, down 0.06% on the day. Australian GDP...
The NZD/USD pair is stable, consolidating around 0.6189 on Wednesday. The New Zealand dollar maintains a sideways trend and appears relatively robust in the current market environment.Recent pressure...
After a data-driven slump on Monday, the US dollar has since been a little stronger against most major currencies and was holding in the positive territory at the time of writing in the mid-morning...
USD/JPY heads north with first resistance at 20-day SMA RSI and Stochastics confirm upside movement USD/JPY has reversed back up again after the strong rebound off the medium-term uptrend line and...
Note: Jolts today Bearish: Currently we are at 2.0679 in a channel. We are looking to continue to the 1.270 Fibo @ 2.0615-00 area with an outside target at the 1.618 Fibo @ 2.0552 area. We have...
The Swiss franc is in positive territory on Tuesday. USD/CHF is trading at 0.8935 in the European session, down 0.24% on the day. The Swissie has posted its strongest rally of the year, with gains of...
GBPUSD advances to its highest level since March 13 But the rally shows signs of being overstretched Momentum indicators approach overbought conditions GBPUSD has been in a steady recovery...
Today’s Trade Ideas: Video Analysis:
ECB decision this week could affect euro pairs, with EUR/GBP in focus. EUR/GBP is at a critical support level, and the ECB's decision could trigger a rebound. Meanwhile, GBP/USD is on an upward...
The USD/JPY pair unexpectedly declined last night due to a weakening US dollar. Currently, it is hovering around 156.33.Japanese Finance Minister Shunichi Suzuki highlighted the government's recent...
The euro has posted slight losses on Monday. EUR/USD is trading at 1.0835 in the European session, down 0.11% on the day. Eurozone Manufacturing Close to Stabilizing The eurozone manufacturing sector...
Expectations for a Fed rate cut have strengthened somewhat. ECB is almost certain to cut interest rates this week and eyes will be on Lagarde. Meanwhile, the Japanese Finance Ministry report...
ECB meets on Thursday; a rate cut is expected Market will look for hints of back-to-back rate cuts A dovish rate cut could match expectations and push euro/dollar lower Decision will be announced on...