NZD/USD Bounces Back
The New Zealand dollar recovers thanks to an uptick in overall risk appetite. After the […]
USD/CHF Tests Major Support
The US dollar slipped after data showed a rise in initial claims for unemployment benefits. […]
USD/JPY Could Resume Decline, Yen Gains Further
Key Highlights USD/JPY started a fresh decline from the 134.50 zone. A major bearish trend […]
US ISM Manufacturing Survey and Fed Minutes Kick Off the Trading Year in High Fashion
The new trading year starts on a high note as the crucial non-farm payrolls print […]
GBP/USD: Near-term Action Remains in a Narrow Range and Looks for Fresh Direction Signals
Cable continues to trade within a narrow range for the sixth consecutive day, with psychological […]
EUR/USD: Larger Bulls to Remain in Play Above Broken Pivotal Fibo Barrier
The Euro trades in an extended directionless, narrow-range mode, but underlying bullish structure remains intact, […]
AUDUSD Stays Trapped Below Familiar Resistance
AUDUSD set another foothold around the two-month-old ascending trendline last week, correcting higher to test […]
GBP/USD: Bears Headed for the Previous Low
Three weeks ago, we talked about the GBPUSD pair, according to which a global corrective […]
USD/JPY: Christmas Week Recovery Rally May Soon Stall Out
At the start of last week, forex traders were expecting to ease into the holidays […]
USD/JPY: Recovery Shows Initial Signs of Stall
The USDJPY remains at the front foot and rose to one-week high on Wednesday, but […]
EUR/USD: A deep correction tends to 1.090
In the long term, the EURUSD currency is expected to form a bearish cycle impulse, […]
GBP/USD Started a Downside Correction
The British Pound started a downside correction from the 1.2120 zone against the US Dollar. […]