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EUR/USD up 0.4% Before The NFP
Key takeaways The US dollar is weakening ahead of the report's release. The market is pricing in no change to...
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Trade of The Day – USD/CAD
Facts: The pair is testing the +1 standard deviation line of the anchored VWAP, calculated from 2 January 2025 Canada...
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EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
EUR/GBP loses ground to near 0.8650 in Fridayโs early European session.ย German Industrial Production falls 0.7% MoM in March, weaker...
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Japanese Yen gathers strength on reports of FX intervention during May holidays
USD/JPY edges lower to near 156.85 in Fridayโs Asian session.ย Japanese authorities intervened in the FX market again during the...
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EUR/JPY Price Forecast: Hovers around 184.00 as near-term bearish bias maintains
EUR/JPY may fall toward the 11-week low around 181.87. The 14-day Relative Strength Index stands at 41.75, signaling persistent downside...
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AUD/JPY Price Forecast: Advances on improved risk sentiment, holds bullish bias above 100-day EMA
AUD/JPY gains ground near 113.20 in Fridayโs early European session.ย The positive outlook of the cross remains intact above the...
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USD/CHF stays above 0.7800 as US Dollar steadies on market caution
USD/CHF stays firm as the US Dollar holds steady amid caution following US strikes on Bandar Abbas and Qeshm Island....
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US Nonfarm Payrolls expected to rise by 62K in April
Nonfarm Payrolls are expected to rise by 62K in April. The Unemployment Rate is seen holding steady at 4.3%. The...
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NOK surges following Norges Bank’s rate hike
Key takeaways Norges Bank raises interest rates by 25 bp. The key interest rate is up to 4.25%. The move...
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Chart of The Day – EUR/USD Higher, but Still a Game of Expectations, Not a Trend
In todayโs session, EUR/USD is strengthening around the 1.17 area, but the move is not driven by a single dominant...
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Trade of The Day – EUR/CHF
Facts: The pair returned below the horizontal resistance area at 0.9220 EURCHF is trading below the 100-period exponential moving average...
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