USD Index Outlook: Dollar Accelerates Lower After Markets Digested Powell’s Message
The dollar was sharply lower vs its major counterparts on Friday (down 0.8% since Asian opening), following Thursday’s...
EUR/JPY Analysis: Bullish Momentum To Continue
Upside risks have dominated the single European currency against the Japanese Yen since Thursday’s trading session. The currency...
AUD/USD Analysis: Buying Signals
The Australian Dollar has surged by 83 points or 1.16% against the US Dollar since Thursday’s trading session....
GBPJPY Hits A Snag Trying To Resume Positive Trajectory
GBPJPY is gaining ground, currently striving to close above 140.82 to clearly resume the climb. The steady incline...
Copper Futures Uptrend Intact; Positive Backing Present
Copper futures maintain a steady bullish bearing after a bounce on the 50-day simple moving average (SMA), which...
USD Index Outlook: Fed’s New Strategy Inflate Dollar But Unlikely to Spark Stronger Rally
The dollar fell across the board in immediate reaction to Fed Chairman Powell’s comments, but regained traction and...
Gold Price Might Be Dropping From The Megaphone Top
Gold is currently in an intraweek downtrend. We still might expect selling the rallies and bearish continuation moves....
GBP/USD Outlook: Recovery Extension Brings New 2020 High in Focus Again
Cable extends recovery on Wednesday’s early US session trading after dollar accelerated lower and erased all gains from...
EURGBP Tumbles Below SMAs; Indicators are Negative
EURGBP has been in a declining movement over the last sessions, remaining well below the Ichimoku cloud and...
EUR/AUD Expects Massive Triangle Pattern On Weekly Chart
The EUR/AUD bullish breakout didn’t last long before the bears wrestled back control. Will the uptrend be able...
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