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The pair USD/CHF is still likely to fall. Estimated pivot point is at a level of 1.0061. Main scenario: short positions will be relevant from corrections below the level of 1.0061 with a target of...
The pair USD/CAD is still likely to grow. Estimated pivot point is at a level of 1.3145. Main scenario: long positions will be relevant from corrections above the level of 1.3145 with a target of...
EUR/JPY traded slightly higher today, after it hit support near the 125.35 level yesterday. Overall, the pair has been trading in a sideways manner between 124.20 and 125.95 since January 24th and...
USD/JPY remains in a limited range this week, with the 111.00 figure continues to act as the key resistance. The pair dipped marginally yesterday amid investor optimism over the US-China trade talks...
Another great forex session as the U.S. markets get underway following the overnight news in the Far East and in particular with regard to the Aussie dollar. Once again some great examples of volume...
Five things the markets are talking about Global equities saw some modest gains overnight as investors await results from the Sino-U.S trade talks. Will we get some concrete news or perhaps an...
EURUSD closed around 1.1339 in the US session Thursday, ticked up +0.02%, but it slips from the session high of 1.1366 on mixed ECB talks, high probability of renewed TLTRO, a deluge of soft economic...
Quick Take By analyzing today's currency pairs, I am left with the impression that swing/day traders may be able to find some solid opportunities in markets that appear to be overstretched in the...
GBP/USD is steady in the Thursday session, continuing the trend seen on Wednesday. In North American trade, the pair is trading at 1.3051, unchanged on the day. In economic news, the U.K posted a rare...
The EUR/USD daily Forex chart sold off strongly to the bottom of the 4-month trading range. Since trading ranges resist breaking out, the odds favor a bull leg in the trading range. The chart has...
The AUD/USD currency pair shows a steady downward trend. Since the beginning of this month, the Australian dollar has weakened against the US dollar by more than 2%. Ozzie is currently testing monthly...
The Fed's messages are a powerful driver for the U.S. dollar. The market's initial dovish interpretation of the Fed's 'patience' with further rate hikes and 'flexibility' regarding balance sheet...
There has been a decent fall in the AUD/USD pair after it hit the critical resistance level at 0.81219. From that level, the pair started its bearish rally and lead toward the critical support level...
MyFXspot.com trade ideas: EUR/USD: buy at 1.1320, take profit at 1.1470, stop-loss 1.1255 USD/CAD: short at 1.3350, take profit at 1.3010, stop-loss 1.3485 XAG/USD: long at 15.50, take profit at...
The central bank may continue normalizing its monetary policy A split inside the Fed and unexpected information about potential return of the Fed’s policy course if the uncertainty settles down...