US 30 Struggles For Support
The Dow Jones retreated as major countries imposed curfews ahead of the holiday season. Following a double top...
EUR/USD Outlook: Near-Term Action Extends Sideways Mode but Larger Picture Remains Bearish
The Euro bounces on Monday, reversing over 50% of Friday’s 0.85% drop and bringing the price to the...
AUDUSD Ticks Up after Finding Support at 0.7090
AUDUSD found strong support at the 0.7090 barrier after several red sessions. The RSI is also pointing upwards in...
Market Morning Briefing: USDCNY Rose To 6.3833 Before Falling Off From There
STOCKS Dow has room to fall down to 35000 before we see a rise again while Dax can...
What Does Surprise BOE and Less Dovish ECB Mean for US Dollar Index (DXY)?
The Bank of England surprised markets AGAIN on Thursday with a hike in interest rates to 0.25%. (Recall...
NZDUSD Tiptoes Across 76.4% Fibonacci But Downside Risks Remain
NZDUSD has established a foothold consolidating around the 0.6734 level, which is the 76.4% Fibonacci retracement of the...
USDCAD Halts Pullback, But Bearish Jitters Still In Play
USDCAD attempted to touch its nine-month high of 1.2947 from August earlier this week, but its efforts proved...
EUR/USD Outlook: Euro Is Firmer But Still Moving Within Extended Range
The Euro is consolidating under two-week high after being dragged by stronger pound after BoE surprise rate hike...
GBP/USD Outlook: Upbeat UK Retail Sales Data Add To Positive Post-BoE Tone
Cable is holding positive tone in early Friday following Thursday’s rally to 1.3374 (three-week high) after surprise BoE...
USD/CAD Trades Sideways
The decline of the USD/CAD appears to have ended, as the rate has been trading sideways in a...
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