Trade Idea: GOLD (XAUUSD)
Usually, the Dollar and GOLD are negatively correlated. This means that the stronger the US-Dollar […]
Trade Idea: EURUSD, AUDUSD, and GBPUSD
As I earlier indicated in my article this week, I am expecting an upward push […]
GBPJPY Extends Advance as Positive Momentum Strengthens
GBPJPY has experienced a steep uptrend since late September, with the price gaining almost 15% and […]
Forex Friday: GBP, USD and ComDolls
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly […]
EUR/USD Pair is Rising above 1.0350
The Euro started a decent increase above the 1.0200 and 1.0280 resistance levels against the […]
Pound Rises as Retail Sales Rebound
The British pound has pushed above the 1.19 line on Friday. GBP/USD is currently trading […]
USDJPY: Bear-Trap Underpins But Action Remains Capped by 100DMA
The USDJPY is holding in extended directionless mode, consolidating around 140 handle after last week’s […]
Yen Calm as Inflation Rises Higher
The Japanese yen is unchanged on Friday and is trading at 14.017 in the European […]
EURGBP Lacks Bullish Mood; Support at 0.8700
EURGBP has been in a consolidation phase over the past two weeks, maintaining a foothold […]
ECB Lagarde: We expect to raise rates further
ECB President Christine Lagarde said in a speech, “the ECB will ensure that a phase […]
WTI Oil Outlook: Bears on Track for Weekly Drop of Around 8%
WTI oil is consolidating within a narrow range in early Friday’s trading after bears accelerated […]
Bundesbank Nagel: We must resolutely raise key rates further
Bundesbank President Joachim Nagel said, “We must resolutely raise our key rates further and adopt […]