Facts Recommendation Long position on EURUSD at market price Opinion The EURUSD has been under heavy selling pressure recently, but the chart now shows early signs of stabilization. The pair rebounded after touching the 200-day exponential moving average (EMA 200) — marked in red on the chart. Recent European PMI data exceeded expectations, while the ongoing U.S. government shutdown and the highest number of […]
The offshore yuan weakened to around 7.12 per dollar on Friday, reversing gains from the previous session as China’s unexpected export contraction weighed on an economy facing a year-end slowdown. Exports fell for the first time in eight months in October 2025, reaching its lowest level since February, with shipments to the US plunging for […]
GBP/USD climbed on Thursday, driven into the high side by over-extended bearish price action that has plagued the pair, as well as a surprisingly close Bank of England (BoE) vote on interest rate moves that gave investors hope that the BoE might be moving to support the UK’s flagging economy despite still-high inflation metrics. The BoE’s […]
The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan’s (BoJ) September policy meeting and verbal intervention from Japanese officials. Minutes from the Bank of Japan’s (BoJ) September meeting revealed on Wednesday that an increasing number […]
Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second successive session. The AUD/USD pair loses ground as China’s Trade Balance arrived at CNY640.4 billion for October, narrowing from the previous figure of CNY645.47 billion. China’s Exports fell 0.8% year-over-year (YoY) in October against 8.4% in September. Meanwhile, imports rose […]
The NZD/USD pair attracts some sellers near 0.5620 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after a narrowing of China’s trade surplus in October and a weak New Zealand jobs report. Traders brace for the flash U-Mich Consumer Sentiment survey later on Friday. Data released […]
USD/CAD continues its winning streak that began on October 30, trading around 1.4120 during the Asian hours on Friday. The pair remains near the six-month high of 1.4140, reached on November 5, as the US Dollar (USD) rebounds after posting losses in the previous session. Traders will likely observe the preliminary Michigan Consumer Sentiment Index data […]
The Japanese Yen (JPY) is seen consolidating the previous day’s strong gains against its American counterpart and oscillating in a range during the Asian session on Friday amid mixed cues. Against the backdrop of Japan’s new Prime Minister Sanae Takaichi’s pro-stimulus stance, the disappointing release of Japan’s Household Spending data fueled speculations that the Bank […]
The Australian dollar steadied around $0.651 on Thursday, holding its recent gain, as stronger-than-expected trade data supported sentiment. Australia’s trade surplus widened sharply to AUD 3.94 billion in September from a revised AUD 1.11 billion in August, beating forecasts of AUD 3.85 billion. The improvement was driven by a 7.9% jump in exports, led by […]
The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth reinforced expectations that the Bank of Japan will stay on its tightening path. Nominal wages rose 1.9% in September, up from a 1.5% gain in August, supported by stable base pay and a modest rise […]
