Dollar Index: Bulls Taking a Breather Under New Six-Week Gigh
Friday’s close in red with long upper shadow of daily candle and formation of bull-trap […]
GBP/USD: Bear-Trap Under 200DMA Looks for More Upside Action to be Confirmed
Cable remains constructive at the start of the week, although with limited upside so far, […]
EUR/USD Trading in the Middle of a Correction
EURUSD reversed sharply to the downside in February, with price falling through the rising trendline […]
EURUSD Extends Pullback Below 50-day SMA
EURUSD has been on a steep uptrend after finding its feet at the 20-year low of […]
EUR/USD: Key Economic Events this Week Eyed for Fresh Direction Signals
The Euro is trading within a narrow range in early Monday, keeping near-term action in […]
USD/JPY: Recovery Losing Traction But Bias Remains With Bulls Above 10DMA
The USDJPY is holding in sideways mode for the third consecutive day and looking for […]
AUD/USD: High Probability Price Will Fall Again to a Minimum of 0.617
In the long run, AUDUSD seems to be forming a global correction b of the […]
GBP/USD Bounces Back
The pound clawed back some losses after January’s retail sales beat expectations. A fall below […]
As US Yields Hit Resistance, Dollar Lost Momentum
Markets Technical levels prevailed on Friday during US trading hours. A strong repositioning drive pulled […]
The Planet is Boiling
Tensions between US and China ramped up as Wang Yi said that Americans’ response to […]
Aussie Leading Commodity Currencies Higher in Quiet Trading
Australian Dollar is leading other commodity currencies higher, in otherwise quiet markets today. US and […]
USD/CNH extending rebound towards 6.9559 fibonacci level
Chinese Yuan weakened notably last week as the dispute with US over “spy balloons” continued. […]