FX Analysis
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AUD/JPY Price Forecast: Gains ground to near 112.50, uptrend holds above 100-day SMA
AUD/JPY drifts higher to around 112.40 in Thursday’s early European session. Broader positive outlook prevails above the 100-day SMA, but...
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Indian Rupee flattens while flaring US-Iran tensions dampen outlook
The Indian Rupee trades calmly at open against the US Dollar; however, the outlook has become uncertain. The exchange of...
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EUR/JPY Price – Strengthens above 185.00, while bullish trend eyes consolidation
EUR/JPY gains ground to around 185.20 in Wednesday’s early European session. Likelihood of hawkish stance hikes from the ECB supports the...
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USD/CNH Price Forecast: More downside likely below 6.7500
USD/CNH trades marginally lower to near 6.7750 as the US Dollar edges down. China’s CPI remains steady at 1.2% YoY...
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Chart of The Day – USD/NOK
Monday's rise in energy commodity prices proved short-lived, weighing further on the Norwegian currency. The USDNOK pair is approaching the...
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GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
GBP/USD rises to near 1.3375 as the US Dollar corrects sharply. US President Trump sees a total victory over Iran...
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Why is the British Pound struggling when the BoE is considering rate hikes?
The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom's outlook. Ahead of the key...
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Trade of The Day: USD/SEK
Facts: USDSEK is testing the support at 9.3990 The main trend from the end of May remains upward The pair...
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NZD/USD Price – New Zealand Dollar steadies above 0.5800 as neutral bias prevails
NZD/USD may find initial support at the rectangle's lower boundary near 0.5790. The 14-day Relative Strength Index around 43 suggests...
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EUR/JPY Price Strengthens above 184.50 with bullish tone despite intervention risks
EUR/JPY gathers strength near 184.85 in Tuesday’s early European session. The cross keeps the bullish vibe, but further consolidation cannot...
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