Euro Unchanged On Mixed GDP Data
The euro is in green territory for a fifth successive day as the dollar continues to show broad weakness. EUR/USD is up 1.1% this week and is poised to record its best week since May. German CPI outperforms target The...
EUR/CHF At The Strong Support
The EUR/CHF has had a big drop but its at an important support zone now. Buying the support might be a good option. We have two distinctive points for a velly for buyers. Historical and present support are close together....
EUR/USD Pair Is Now Consolidating Losses Near The 1.1880 Support
The Euro found support near the 1.1770 zone and formed a support base against the US Dollar. The EUR/USD pair started a decent upward move above the 1.1800 resistance. It surpassed the 1.1820 resistance level and settled above the 50...
USDCAD Looks For Buyers Near 1.2440, Bears Could Dominate
USDCAD retreated below the short-term supportive trendline and to a two-week low of 1.2431 on Thursday following the multiple rejections from the 200-day simple moving average (SMA). The current consolidation area around 1.2440 overlaps with July 9-13’s support region and...
GBP/USD Outlook: Cable Is On Track For Strong Weekly Gains, Bulls Pressure Key 1.40 Resistance Zone
Cable remains firm and holding near a five-week high on Friday, pressuring key barriers at 1.3990/1.4000 (Fibo 61.8% of 1.4249/1.3571/twisting daily cloud/psychological). The pair advanced strongly this week and is on track for the biggest weekly gains since the last...
GBPJPY Attempts To Overcome 40-Day SMA
GBPJPY is challenging the 40-day simple moving average (SMA) and the 153.40 resistance, following the bounce off the 148.45 support level. A successful jump above 153.40 could take the market towards the 40-month peak of 156.06 before meeting the 156.50...
NEW! BTC/USD forecast. Bullish Hold
Technical analysis BTC The daily time frame shows that the BTC/USD pair is trading above its key 50-day moving average and attempting to break its 100-day moving average. The RSI indicator is approaching overbought territory across the daily time frame,...
XRPUSD Bullish Bias
Technical analysis The XRPUSD pair has broken sharply to the upside and is fast approaching its key 200-day moving average, which is located close to the 0.7700 level. According to the MACD indicator on the daily time frame the XRPUSD...
Dollar Soft after Selloff, Euro Awaits GDP
Dollar suffered another round of selloff overnight and stays soft. Mild risk aversion in Asia is not helping the greenback much. But commodity currencies are following closely, in particular Aussie and Kiwi, as the next worst performers for the week....
Nasdaq futures fall more than 1% as stocks try to round out strong July
Matteo Colombo | DigitalVision | Getty Images Futures contracts tied to the major U.S. stock indexes fell in the overnight session as a soft earnings report from Amazon threatened to dampen an otherwise strong month ahead of July’s final day...