Forex

Trade of The Day – GBP/JPY

Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can…

Read More »

EUR/USD declines as ECB cuts interest rates, guides grim outlook

EUR/USD slides to near 1.1340 as the ECB reduces its key borrowing rates by 25 bps, as expected. The ECB…

Read More »

EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts

Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is…

Read More »

EUR/USD Undecided After U.S. Macro Data

12:30 PM GMT, United States – Philadelphia Fed Report for April: Manufacturing Index: actual -26.4; forecast 2.2; previous 12.5; Employment: actual 0.2; previous 19.7; Business…

Read More »

Chart of The Day – EUR/USD

The EURUSD has once again moderated its upward trend after a recent rally, as markets await today’s interest rate decision…

Read More »

NZD/USD Extends rejection slide from 50% Fibo.; drops to 0.5900 neighbourhood

NZD/USD drifts lower despite stronger NZD CPI print and snaps a six-day winning streak. A modest USD uptick fails to…

Read More »

GBP/USD trades below 1.3250 after retreating from six-month highs

GBP/USD pulls back from a six-month high of 1.3292 reached on Wednesday. The US Dollar received support from stronger-than-expected consumer…

Read More »

EUR/USD Softens to near 1.1350, over bought RSI condition eyed

EUR/USD weakens to around 1.1365 in Thursday’s early European session, down 0.28% on the day.  The positive bias of the…

Read More »

USD/CHF holds gains near 0.8150, hovers near multi-year lows due to safe-haven demand

USD/CHF remains close to the 0.8099 mark—its lowest level since September 2011. The US Dollar remains under pressure as investor…

Read More »

AUD moves little following mixed employment figures

The Australian Dollar stagnated as Employment Change came in at 32.2K, against the consensus forecast of 40K. Australia’s Unemployment Rate…

Read More »
Back to top button