AUD/USD Outlook: Fading Risk Appetite Signals An End Of Brief Recovery And Shifts Focus Lower
Recovery attempts from new 11-year low (0.6583) were so far mild, as today’s action is back to red...
Market Morning Briefing: US Dollar Index Has Dipped From Levels Above 99.50
STOCKS Blood bath across the global equities as the fear of corona virus spreading outside China is jolting...
UK 100 Index Slumps Below Long-Term Supportive Trendline
The UK 100 stock index slumped below the supportive trendline that has been holding since the end of...
JP 225 Index Collapses To 4-Month Low, 200-SMA Acts As Support
Japan’s 225 stock index (cash) collapsed on Monday as the coronavirus cases outside China increased, shifting funds towards...
USD/JPY Outlook: Pullback So Far Limited But Risk of Deeper Correction Exists
The pair pulled back from new multi-month high at 112.22 after bulls faced strong headwinds on approach to...
USD/CNH Breaks Convincingly Above 7.000
As we discussed last week, the coronavirus helped to cause an increase in inflation to 5.4% vs 4.9%...
EUR/USD Remains Above 1.0780
During Thursday morning, the EUR/USD currency pair tried to surpass the 100-hour SMA near 1.0820. During today’s morning,...
GBP/USD Tests Resistance
Yesterday, the GBP/USD exchange rate failed to decline below 1.2860. During Friday morning, the rate raised to the...
USD/JPY Trades Below 112.00
On Thursday, the USD/JPY currency pair consolidated in the 112.00 area. During today’s morning, the pair was trading...
XAU/USD Trades At 1,565.00
Yesterday, the XAU/USD exchange rate raised to the 1,620.00 level. During Friday morning, the rate jumped to the...
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