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EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%.German inflation expected at 0.2%Germany’s CPI is expected at 0.2% m/m on Friday,...
The Japanese yen is down sharply on Thursday. In the European session, USD/JPY is trading at 149.12, up 0.64%. This is the yen’s lowest level against the US dollar since November 27.BoJ’s...
OANDA Senior Market Analyst Craig Erlam discusses the breakout seen in GBP/USD after last week’s US jobs report and gives his updated analysis of the chart. Original Post
The Australian dollar has edged lower after China posted a soft inflation report. In the European session, AUD/USD is trading at 0.6509, down 0.18%.The new year hasn’t brought much cheer to the...
AUDUSD hits its lowest level since mid-NovemberAlthough decline halts, rebound looks unconvincingMomentum indicators remain tilted to the downsideAUDUSD has been in a constant decline after peaking at...
US equity benchmarks continue to push higher as most of the big tech stocks close in on bullish target prices. Chinese equities, however, continue to languish as Chinese authorities institute an array...
Bullish: We are currently @ 1.6502 in a channel. We are looking for a continuation to the ATR target @ 1.6567 with the further target the 0.618 Fibo @ 1.6578 area. Watch the USDX for...
The euro is back at 0.8520 against the pound. The pair bounced off this level in June and August last year. Reaching the same level in late January triggered a shake-out, but active declines resumed...
The EUR/USD remains bearish, with traders cautious due to uncertain Fed easing expectations. Dollar rally eased as bond yields fell back, supported by stronger ISM services PMI, while Fed officials'...
Cross-market volatility levels remain low as expectations of early easing from the Fed ebb and flow. It is another quiet day for the data calendar and calm conditions are seeing yen-funded carry trade...
USDJPY is in the red again today, reacts to last week's jump It continues to hover a tad above its 100-day SMAMost momentum indicators tentatively support the ongoing uplegUSDJPY...
Traders pare rate cut expectations after strong US data UK households remain cautious with spending in December GBP/USD breaks quadruple top neckline The US economy is going from strength to strength,...
Bearish: We are currently @ 150.44 in a channel. If we can break support here, we are looking for a continuation to the ATR target @ 150.73 with the further target the S5 @ 150.09...
I want to share my thoughts on what's going on at True Forex Funds including: 3 Reasons Why MetaQuotes Shut Down TFF How it is different from My Forex Funds shutdown What it means for the prop trading...
The Australian dollar is showing limited movement on Tuesday, after the Reserve Bank of Australia held interest rates. In the European session, AUD/USD is trading at 0.6493, up 0.61%.RBA Maintains...