USD/INR Forex Signal: More Downside Ahead of RBI Decision
Bearish View Sell the USD/INR and set a take-profit at 78.50. Add a stop-loss at 79.50. Timeline: 1-2 days. Bullish…
USD/TRY Forex Signal: Lira Continues to Decline Against USD
Best selling entry points Entering a short position with a pending order from levels of 18.33 Set a stop-loss point…
USD/INR: Tests Within Lower Range as Traders Await Impetus
The USD/INR is trading within the lower realms of its range having produced short term volatility, as speculators await a…
USD/TRY Forex Signal: Lira Increases its Losses
Best selling entry points Entering a short position with a pending order from levels of 18.33 Set a stop-loss point…
Wells Fargo expects euro to fall to $0.95
Parity beckons euro even as ECB speeds up rate hikes EUR/USD chart in 1 day intervals The euro is returning to…
USD/JPY Forecast: The USD Gives Up Early Gains Against JPY
The US dollar initially rallied during the training session on Thursday as we tried to rally a bit. Having said that,…
Is the USDCAD a buy from a technical perspective? BofA likes it fundamentally.
The Bank of America is seeing the USDCAD as a buy (see post here). But what does that trade idea…
EUROZONE PRELIMINARY MANUFACTURING PMI SLUMPS TO 49.6 IN JULY VS. 51.0 EXPECTED
Eurozone Manufacturing PMI arrives at 49.6 in July vs. 51.0 expected. Bloc’s Services PMI falls to 50.6 in July vs.…
USD/ZAR: Sustained Upper Price Band Creating Choppy Values
The USD/ZAR has traversed within its upper price range for the past week, frequently trading above the 17.00000 level with…
AUD/USD Forecast: Australian Dollar Gives Up Early Gains
The Australian dollar initially tried to rally Monday but has struggled near the 0.6850 level. Ultimately, this is a market that I think…