EUR/GBP ends the week knocking on the ceiling near 0.87
The EUR/GBP stretched for the 0.8700 major handle in Friday trading, closing the week with over a full percent of upside gains with the Euro (EUR) see
-
USD/CAD recovers from Friday's lows to inch closer towards 1.35
The USD/CAD is set to finish out Friday near where it started, trading just south of 1.3490. The Loonie (CAD) has twisted through the back half of the
-
USDCAD has a down, up and down week and is closing the week between MA levels
The USDCAD traded down and up and down and up and back down and up this week (see hourly chart below). The high price on Monday was retested on Thursday. The low on Tuesday saw the pair,...
-
GBP/USD continuing to slide, testing waters below 1.2250
The GBP/USD is looking for further downside to end the trading week, probing chart space below 1.2250 heading into the final hours of Friday's trading
-
Gold Price Forecast: XAU/USD shines as us yields drop amid an upbeat market mood
Gold price recovers some ground after hitting a weekly low of $1913.99, though it remains shy of breaking solid resistance at around the 50-day moving
-
GBP/JPY trying for a break below 181.50 heading into the Friday close
The GBP/JPY is ticking into the south side of the 181.50 handle after the Pound Sterling (GBP) failed to recover any meaningful ground from Thursday's
-
AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields
The Australian Dollar (AUD) stages a comeback versus the Greenback (USD) on Friday, and it remains set to finish the week with decent gains. Overall U
-
EUR/USD treading water near 1.0660, hanging near the top of the range
The EUR/USD is trading into neutral ground heading into the end of the trading week, testing well-trodded ground near the 1.0660 handle. US Purchasing
-
USD/MXN retreats from weekly highs drops below the 100, 20-DMAs
The emerging market currency the Mexican Peso (MXN) counterattacks the US Dollar (USD) after the exotic pair reached a weekly high of 17.2489, but it
-
USDCHF higher this week and back above 200 day MA. What next for next week's trading?
The USDCHF traded sideways and then moved lower on Wednesday before finding support near 0.89347, basing and moving to the upside. The Swiss National Bank kept rates unchanged on Thursday...
-
USD/JPY heading topside for Friday, aiming for 148.50
The USD/JPY is set to close out the trading week just south of the 148.50 level after peaking at an intraday high of 148.40 as the US Dollar (USD) cov
-
NZD/USD bounces back on improved sentiment, soft US Dollar
The New Zealand Dollar (NZD) stages a recovery against the US Dollar (USD) ahead of the weekend as investors' sentiment improved, while the Greenback
-
GBP/USD Weekly Forecast: Pound struggles on persisting Dollar strength
The GBP/USD pair posted its third consecutive weekly decline, continuing a bearish trend that began in mid-July. Since then, it has fallen from near 1
-
EURUSD bangs against the 100 hour MA for the 2nd consecutive day
As the clock ticks to the close for the EURUSD in London/Europ, the pair moved to new session highs, and for the 2nd day in a row, banged against the 100-hour moving average at 1.06715 and...
-
EUR/USD Weekly Forecast: US Dollar reaffirms its dominant role
The EUR/USD pair maintained the bearish path, bottoming on Friday at 1.0614, the lowest since last March. The pair heads into the weekend, trading a h
-
Gold Price Weekly Forecast: Bulls encouraged as losses remain limited in face of hawkish Fed
Gold price started the week on a bullish note and climbed to its highest level since early September near $1,950 before reversing its direction in the
-
EUR/GBP seen at risk of dipping to 0.85 on a three-to-six-month view – Rabobank
GBP dropped this week on the back of the BoE’s unchanged policy decision. Economists at Rabobank have revised down their six-month EUR/GBP forecast mo
-
The AUDUSD and NZDUSD charts are telling the same story. What next?
The AUDUSD and the NZDUSD have similar technical stories to tell. Each has seen up-and-down price action over the last 5-6 trading weeks.Each has its 100 and 200 bar moving averages on...
-
Silver Price Forecast: XAG/USD turns choppy after rallying near $23.70, US yields rebound
Silver price (XAG/USD) turns sideways after a vertical upside move to near crucial resistance of $23.70 in the early New York session. The white metal
-
USD/JPY: Intervention efforts usually have an initial effect of a 5 big-figure drop – TDS
Economists at TDS analyze the implications of interventions from Japan for the USD/JPY pair. USD/JPY on a path towards 150 Mof officials (e.g., Suzuki
-
Gold Price Forecast: XAU/USD in check as hawkish tone of the Fed will continue to reverberate – Commerzbank
Gold price yo-yoing after Fed meeting. Strategists at Commerzbank analyze the yellow metal’s outlook. Longer-term-oriented ETF investors remain on the
-
Kickstart your trading day: A technical look at the EURUSD, USDJPY and GBPUSD
The Bank of Japan kept rates unchanged overnight. That led to a rebound higher in the USDJPY and for a retest of the high prices from yesterday at 148.453. The high price fell 4 pips short...
-
USD/MXN: Continued Peso strength for the time being – Commerzbank
Mexico's central bank (Banxico) will meet next week to decide on its interest rate. Economists at Commerzbank analyze MXN outlook. Banxico will mainta
-
USD/CAD rebounds strongly near 1.3430 after Canada’s mixed Retail Sales data
The USD/CAD pair finds interim support near 1.3430 after Statistics Canada reported mixed Retail Sales report for July. Consumer spending expanded at
-
USD/JPY to break above 150 given the drift higher in US yields – TDS
The Bank of Japan left the policy settings unchanged. The Yen has weakened following the decision. Economists at TD Securities analyze USD/JPY outlook
