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USD: FOMC Preview, 3 Potential Changes from the Fed GBP: 1.70 Rides on the BoE Minutes Euro: German Investor Confidence Plunges Dovish RBA Minutes Drives AUD Sharply Lower NZD: Dairy Prices Rise for...
EUR/USD, “Euro vs US Dollar”EUR/USD continues to hold within a bullish structure, we assume that this is third growing structure. We anticipate wave development up to 1.3650 level. Then we...
EUR/USDLittle in the way of price direction was garnered from overnight session, and as such EUR/USD traded sideways for much of the early session. The EUR/GBP cross supported inflows into EUR as GBP...
USD/CADThe price moves within the H4 daily downward trend. The ParabolicSARtrend indicator and the RSI-Bars oscillator confirm the direction. Moreover, the price crossed the PivotPoints signal line...
The Australian dollar has posted losses on Tuesday, as the pair trades in the low-0.93 range early in the North American session (AUD/USD). On the release front, the RBA released the minutes of its...
USD/JPY has posted slight gains on Tuesday, as the pair has moved back above the 102 line. On the release front, US Building Permits softened in May but CPI releases beat their estimates. In...
Forex News and Events: The escalating tensions in Iraq and the US decision to send troops to secure diplomatic posts keep the risk sentiment limited in the FX trading. The carry trades face an unwind...
The Reserve Bank of Australia (RBA) has not been comfortable with the strength in the AUD and the minutes shows this as the bank complained of the high exchange rate given the decline in commodity...
Softer than expected UK inflation is threatening to halt sterling's advancing streak to five sessions. Consumer prices slipped 0.1% in May, while the consensus expected an increase of 0.1-0.2%. The...
EUR/USDCurrent level - 1.3520 Last week's test of 1.3580 failed and the outlook here remains neutral, within the 1.3502-3580 tight range. On the senior frames, only a break through the 1.3502-3475...
EUR/USD risk skewed lower, whilst minimally below 1.3605A bullish outside pattern Monday likely eases immediate support risks and points to a digestion theme into midweek, capped below 1.3605,...
The EUR/USD is stable on Tuesday, following gains a day earlier. In the European session, the pair is trading in the high-1.35 range. On the release front, German ZEW Economic...
The US Dollar and the Canadian Dollar pair are currently forming a pennant as the price looks to consolidate inwards. The current level is at the bottom of the shape and a movement back towards the...