Dollar Index Looks for Fresh Direction Signals to Exit Near-Term Sideways Mode
Bears are pausing for the second day after being accelerated by lower than expected inflation […]
EURUSD: Double Failure at 200DMA and Overbought Conditions Warn of Pullback
The Euro is trading within a narrow range in early Thursday’s and still constructive, but […]
Two Trades to Watch: GBP/USD, EUR/USD
GBP/USD rises ahead of the Chancellor’s Budget GBP/USD holds over 1.19 as attention turns to […]
Aussie Dips Despite Solid Job Data, Markets in Consolidations
The forex markets are still engaging in corrective trading in Asian session today. Despite stronger […]
EUR/USD Rebounds Ahead of US Retail Sales
The EUR/USD rebounded in the first half of today’s session. This was presumably due to […]
GBP/USD Pair is Now Consolidating Near 1.1850
The British Pound started a fresh increase from the 1.1600 support zone against the US […]
Two Trades to Watch: EUR/GBP, USD/CAD
EUR/GBP Rises after UK Inflation Jumps The pound is struggling to find demand after UK […]
USDJPY Consolidates above Previous Lows
USDJPY is moving sideways after the selling interest that started in the preceding week. The […]
NZDUSD Consolidates Gains Near September’s High
NZDUSD finished Tuesday’s session below September’s high of 0.6160 despite touching the 0.6200 level. Previously, […]
EURUSD Hits Resistance
The euro slipped after ECB policymakers cautioned about fast rate hikes. The vertical ascent is […]
All of a Sudden the Intraday EUR/USD Rally Started Losing Steam
Markets EUR/USD yesterday pierced key resistance at 1.0341/50/68 (2017 low/May2022 low/August2022 high). The technical break […]
British Inflation Hits 11%
US stocks extended rally yesterday, as the unexpected easing in producer prices beefed up the […]