GBPAUD Spikes To 4-Month High, Additional Gains Could Be Limited
GBPAUD stretched Thursday’s impressive rally to a four-month high of 1.8492 on Friday and is ready to close...
EURNZD Possibly Forming Triple Top Near 10-Month High
EURNZD is again attempting to overcome the 1.7590 resistance region tested multiple times over August. The bulls recent...
EUR/USD Could Maintain Consolidation
Yesterday, the Euro continued to consolidate against the US Dollar between the weekly and monthly PPs, located at...
GBP/USD Tested Fibonacci 23.60% Retracement
On Thursday, the GBP/USD exchange rate reached the 1.2560 level. During today’s morning, the rate reversed south from...
Gold Muted As Risk Aversion Declines
The precious metal was trading modestly lower on Thursday following the easing risk aversion sentiment. The Fed rate...
EURGBP Does Not Look Ready for a Meaningful Rally Yet
EURGBP seems to have reached oversold levels near the 200-day simple moving average (SMA) as the RSI is...
GBP/USD Outlook: Bulls Regained Control after Being Briefly Hit BoE’s Brexit Warning
Cable regained traction and retested 100DMA barrier, on bounce from session low at 1.2437, posted after BoE rate...
Crude Oil Falls As Saudi Makes A Promise
Oil prices reacted sharply at the start of the week to news of drone attacks wiping out some...
A Look at DXY before the FOMC
As mentioned in our Fed Preview, today the Fed is expected to cut rates by 25bps. If the...
AUD/USD Outlook: Aussie Holds In Red And Attacks Again Pivotal Support Zone Ahead Of Fed
The Australian dollar holds in red on Wednesday and attacks again key supports at 0.6830 zone (daily cloud...
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