USDCAD Finalizes Symmetrical Triangle Formation
USDCAD had another uneventful week as it was congested within the 1.33 area. According to the RSI and...
GBPJPY on a Sideways Move; 23.6% Fibonacci Appears to be Strong Support
GBPJPY has been on a sideways move for the most part of the week as the 23.6% Fibonacci...
EUR/USD Outlook: The Euro is Recovering after Thursday’s 0.6% Fall
The Euro bounces from new two-week low at 1.1226, posted after Thursday’s 0.6% fall (the biggest one-day loss...
USD/JPY Daily Chart Suggests Pair Approaching Crucial Resistance
Key Highlights The US Dollar settled above the 110.60 and 111.50 resistances against the Japanese Yen. USD/JPY could...
GBP/USD Outlook: Bears Taking a Breather above Key 200SMA Support
Cable consolidates within narrow range above three-week low at 1.2978 in holiday-thinned Friday’s trading. The pair fell on...
Gold Posts Modest Gains After a 5-day Losing Streak
The precious metal was seen posting some modest gains right after prices set a new yearly low for...
US Crude Turns Flat
Oil prices turned flat at the top end of the rally with price rising only modestly on Thursday. Reports...
Euro Slips on Soft Flash PMI Data
The euro was down 0.57% on the day on Thursday. The strong declines came as the flash PMI...
Dollar Index Probing 10-Month Highs After US Retail Sales
FX traders were casting a wandering eye ahead toward a long holiday weekend this morning, but the US...
USD/TRY: One to Watch
The long weekend is fast approaching, and traders are slowly winding down. So, I won’t waste your time...
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