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Market Brief USD/JPY made a fresh upside attempt of 116.38 on specs that Japan is moving toward a delay in sales tax hike. The weakening bull momentum should limit the appetite for lower JPY until...
EUR/USD has looked listless all week, and this lack of activity continues on Friday, as the pair trades in the mid-1.24 range in the European session. After a quiet week on the release front, it’s an...
Talking Points Strategy: Short, Stop: 1.2500 (Close), Target: 1.2270 Struggles Below Key Level With Candlestick Signals Lacking Shooting Star Signaled An Early Warning For A Retreat EUR/USD’s...
Talking Points Strategy: Long, Target: 117.90, Stop: 115.90 (Close) Focus Remains Higher With Hanging Man Lacking Validation Dojis Signal Enduring Tug-Of-War In Intraday Trade USD/JPY is...
Talking Points Strategy: Flat, Long On Close > 1.1460 Morning Star Formation Awaiting Confirmation H4 Chart Offered An Early Hint At A Bounce USD/CAD’s rebound has given rise to a Morning Star...
Talking Points Strategy: Flat Doji Suggests Bulls May Have Lost Some Steam H4 Timeframe Reveals Reluctance From The Bulls NZD/USD has seemingly lost some upward momentum as signaled by a Doji...
Talking Points Strategy: Flat Doji Suggests Bulls Have Lost Momentum Evening Star Offered An Early Warning AUD/USD traders are showing signs of indecision as denoted by a Doji formation on the...
The U.S. Dollar rose against the majority of its Forex counterparts and traded at the highest rate in twelve months versus the British Pound after the Bank of England indicated that the U.K. economy...
RUB: Focus on the fundamentals We believe that fundamentals take centre stage in terms of our rouble forecast and we particularly highlight that given the present level of the oil price, the rouble...
Looking at the upcoming Friday session, we cannot help but think that the German GDP numbers will be by far the most important thing to follow. Because of this, it’s very likely that the DAX will move...
For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.8712.LME Copper prices rose 0.04% or $3.0/MT to $6755.5/MT. Aluminium prices rose 0.15% or $3.0/MT to...
For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.1373. The CAD lost ground, after Canada’s new housing price index rose 0.1% on a monthly basis in September,...
For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9637, following dismal weekly initial jobless claims data registered by the US.In economic news, the producer...
For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 115.79.In the Asian session, at GMT0400, the pair is trading at 116.02, with the USD trading 0.2% higher from...
For the 24 hours to 23:00 GMT, the GBP fell 0.38% against the USD and closed at 1.5707.Yesterday, the BoE’s Deputy Governor, Ben Broadbent reiterated that interest rate hike in the UK would be...