US Dollar Technical Forecast: USD Bulls Eye Resistance
US Dollar Index technical forecast: DXY weekly trade levels US Dollar Index marks fourth-consecutive weekly […]
US Core PCE Comes in Stronger than Expected; US Dollar Bid
With strong inflation data lately and Fed speakers remaining hawkish, many traders were expecting the […]
Forex Friday: USD/JPY, USD/CNH, USD/CHF and EUR/JPY
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
USD/CNH: End of Impulse Hints at a Fall in a Bearish Correction
USDCNH seems to be forming a double zigzag w-x-y of a cycle degree. By the […]
USD/JPY: Bulls May Hold in Extended Consolidation Before Attacking Key Barriers
The USDJPY regained traction and rose near new multi-week high in early Friday’s trading, but […]
EUR/USD: Euro Looks Set for Further Losses
The Euro remains at the back foot in early Friday and on track for a […]
EUR/USD Pair Started a Fresh Decline Below 1.0650
The Euro started a fresh decline from the 1.0700 zone against the US Dollar. The […]
USD/JPY Test Support
The Japanese yen inched lower as January’s inflation missed expectations. On the daily chart, a […]
USDCAD Improves Above the Descending Triangle
USDCAD advanced above the descending triangle, surpassing the 1.3520 resistance level; however, the RSI indicator […]
USD/JPY Regains Strength, US GDP Expands 2.7%
Key Highlights USD/JPY climbed higher above the 132.50 resistance zone. A connecting bullish trend line […]
Japanese Yen Short-Term Price Outlook: USD/JPY Rally Fizzles
Japanese Yen technical outlook: USD/JPY short-term trade levels Japanese Yen breakout approaching initial resistance USD/JPY […]
USDCAD: The Price May Rise To 1.385
USDCAD suggests the construction of a correction pattern – a triple zigzag consisting of cycle […]