FX Analysis
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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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Indian Rupee rebounds as oil prices slump on Iran-Israel truce
The Indian Rupee bounces back against the US Dollar as Israel-Iran ceasefire pushes oil prices lower. US President Trump expresses...
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Trade of The Day – EUR/USD
Facts On Thursday (June 11), the ECB will announce its interest rate decision. Markets have almost fully priced in a...
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EUR/USD Price Rises toward 1.1550 after rebounding from channel bottom
EUR/USD may retest the lower boundary of the descending channel around 1.1510. The 14-day Relative Strength Index at 35 suggests...
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NZD/USD Price Recovers from two-month low, retakes 0.5800 amid bearish setup
NZD/USD attracts some buyers after touching a two-month low during the Asian session. Geopolitical risks and Fed rate hike bets...
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