USD/JPY Extends Losses, Recovery Could Face Hurdles
Key Highlights USD/JPY extended its decline below the 103.50 support. A major bearish trend line is forming with...
USDCHF’s Bullish Pressures Pause around Vicinity of 200-MA
USDCHF has poked back underneath the 200- and 100-period simple moving averages (SMAs) at 0.8866 and 0.8857. Its...
USD/JPY Trades Below 103.60
Yesterday, the USD/JPY currency pair breached the symmetrical triangle pattern south. Given that the exchange rate is pressured...
USD/CAD Technical Outlook: Is it Time for a Long-Term Change in Tend?
As with any currency pair, there are an abundance of factors to consider when trying to forecast price....
EUR/USD Could Trade Downwards
On Tuesday, the EUR/USD currency pair broke the falling wedge pattern. Also, the pair has revealed a medium-term...
EURUSD 1.2150 Now Key
The euro currency continues to correct higher against the US dollar, as traders react to Italian Prime Minister...
GBP/USD Outlook: UK Inflation Data Could Provide Clearer Near-Term Direction Signal
Cable is standing at the front foot on Tuesday, following strong downside rejection previous day and inflated by...
Kiwi Rises as Business Confidence Improves
The New Zealand dollar has posted gains in the Tuesday session, erasing the losses seen on Monday. Currently,...
GBPUSD Bulls Retain Footing Despite Pullback
GBPUSD managed to calm bearish forces around the 20-day simple moving average (SMA) once again following the latest...
US 500 Index Fades from Recent All-Time High of 3,831
The US 500 index (Cash) is finding a foothold in the Ichimoku cloud, on the 100-period simple moving...
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