USDTRY: Negative Fundamentals Keep Turkish Lira on Course for Further Fall
The Turkish lira maintains overall weak tone and holding within multi-week consolidation, not far from new all-time low,...
EURJPY Hovers Below 31-Month High
EURJPY is strongly positive as it reached a fresh 31-month peak at 132.40 on April 29. The MACD...
WTI Oil: Renewed Optimism Over Global Demand Recovery Lifts Oil Price Towards Multi-Week Highs
WTI oil rose on Monday, retracing the largest part of Friday’s fall and shifting near-term focus higher again,...
USD Index Outlook: The dollar Eases after Recovery Ran Out of Steam; Key Economic Events in Focus this Week
The dollar made a soft start of the week and puled back from one-week high, posted after last...
AUD/USD Bullish Zone Is Holding
The AUD/USD is making 1-2-3 bullish pattern at the weekly and daily support zones and slightly above the...
EUR/GBP Outlook: Sterling Slips as BoE’s is Unlikely to Signal any Change in the Policy Next Week’s
The cross rose on Friday as the pound was sold against its major counterparts on fading risk mode...
WTI Futures Resume Hike With Weakened Bullish Backing
WTI oil futures’ latest upside push is confronting the upper Bollinger band around 65.38, although current positive impetus...
USD/JPY Wave 4 Pullback After Bullish Wave 3 Pattern
USD/JPY showed a strong bullish impulse above the 21 emas. Now price action is testing and bouncing at...
GBP/USD Outlook: Thursday’s Shooting Star And Stronger Dollar Weigh On Sterling
Cable accelerated lower in early Friday, driven by fading risk appetite and a stronger dollar. Five-day rally 1.3823...
EUR/USD Outlook: Euro Eases On Weak German Data, Profit-Taking
The Euro dips below the 1.21 mark in European trading on Friday, pressured by greater than expected German...
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