AUD/USD Forecast: Aussie Reaches Near 200-Day EMA
The AUD/USD currency pair rallied a bit Friday as we continue to climb ever so slightly. This is an interesting candlestick and…
Gold Technical Analysis: Price of Gold Stops its Gains
The decline in US inflation rates, stronger than expected, negatively affected the path of expectations of raising US interest rates…
PBOC sets USD/ CNY reference rate for today at 6.7413 (vs. estimate at 6.7432)
People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore…
USD/CNH: DOOR OPEN TO A TEST OF 6.7100 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang hint at the possibility that USD/CNH could drop to 6.7100…
EUR/USD: BULLS REMAIN IN CONTROL ABOVE 1.0300
EUR/USD fades the initial knee-jerk and regains 1.0300. The dollar remains offered in the wake of US CPI results. US…
Trading Support and Resistance – AUD/USD, EUR/USD, GBP/USD
Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for…
GBP/USD Forecast: British Pound Continues to Look Lost
The GBP/USD currency pair has been all over the place during the trading session on Thursday, as the Bank of England raised…
USD/JPY: Rapid Move Higher Should Receive Careful Attention
The USD/JPY has reversed upwards after hitting depths early this week that had not been seen since the first week…
USD/JPY Forecast: USD Finds Short-Term Bottom Against JPY
The US dollar turned around against the Japanese yen on Tuesday as we had broken below the ¥132.50 level. The ¥132.50 level…
NZD/USD WEAKENS FURTHER BELOW 0.6300 MARK AMID CAUTIOUS MOOD, MODEST USD REBOUND
NZD/USD witnesses selling on Tuesday and snaps a four-day winning streak to a multi-week high. The cautious market mood exerts…