FX Analysis
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EUR/USD Price Forecast: Weakens below 1.1450 amid oversold RSI momentum
EUR/USD softens to near 1.1425 in Friday’s early European session. The pair keeps a bearish vibe; downside pressure persists with...
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Swiss franc weakens after SNB keeps rates unchanged
The Swiss National Bank (SNB) decided to keep its main interest rate unchanged during its June meeting. The interest rate...
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EUR/USD Price Forecast: Recovers further from March low, climbs to 1.1525 on weaker USD
EUR/USD gains positive traction as the USD drifts lower in reaction to the US-Iran peace deal. The ECB’s rate hike...
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Japanese Yen bears turn cautious amid intervention fears as Iran deal undermines USD
USD/JPY bulls pause as intervention fears support the JPY amid a modest USD downtick. The US-Iran peace deal optimism counters...
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AUD/USD Price Forecast: Eyes 0.7050 on weaker USD; 100-day SMA holds the key for bulls
AUD/USD attracts fresh buyers on Thursday as the US-Iran peace deal undermines the USD. The hawkish RBA further benefits the...
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Chart of the Day – A New Era at the Fed and the Hawkish Shadow of the ECB. EUR/USD at a Turning Point
EURUSD starts today’s session in a noticeably tense yet somewhat uneven atmosphere, where the market lacks a single dominant narrative....
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United Kingdom CPI inflation holds steady in April: What 2.8% means for British Pound
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8%...
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Indian Rupee remains flat as risk-on mood weighs on US Dollar
The Indian Rupee holds ground as oil prices continue to ease. Indian shares opened higher but edged lower as caution...
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EUR/JPY – Could rebound toward 186.50 as bullish bias prevails
EUR/JPY cross may rise toward the all-time high of 187.95. The 14-day Relative Strength Index near 60 indicates solid upward...
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AUD/USD – Consolidates above 0.7050; 100-day SMA holds the key ahead of Fed
AUD/USD remains on the back foot for the second straight day, though it lacks follow-through. The RBA’s hawkish tilt supports...
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