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US Dollar Strength Weighs on EUR/USD, Euro Area PMIs Near
EUR/USD Prices, Charts, and AnalysisUS debt ceiling talks continue as default deadline day nears.US dollar technical outlook remains positive despite Friday’s sell-off.
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I was like every normal trader trying to make something out of the forex market, I switched on my laptop straight up to Meta Trader, and it seems the spinning icon wants the whole day to load. Bam! It’s finally here, I can…
Daily Forex News and Watchlist: GBP/USD
Dollar pairs are off to a rangebound start for the week, but it looks like Cable is breaking down from a reversal pattern.
Can GBP/USD sustain its slide?
Before moving on, ICYMI, I’ve listed the potential economic catalysts that you need…
BABA: The bearish trend continues
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We talked about BABA shares about a month ago, we see that a bearish trend is forming. The current…
Base Building May Have Started
NATURAL GAS, NG - Outlook:Natural gas prices jumped to a ten-week high last week.The recent price action raises the odds that base building may have started.What is the outlook on natural gas and what are the key levels to watch?…
US Dollar Slides on Uncertainties While Japanese Yen Firms Despite Poor Data
US Dollar, Debt Ceiling, USD, Fed, Japan Machine Orders, USD/JPY - Talking PointsThe US Dollar lost traction today as Joe Biden returns from the G-7The Fed might be signalling a pause at its next FOMC in mid-JuneIf USD can’t gain ground…
Prepares for a fresh downside below 171.40
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GBP/JPY is demonstrating topsy-turvy moves above 171.40.
Inflationary pressures in the UK economy…
Is the Downward Correction in Gold Over?
Gold, XAU/USD – Price Action:Gold rebounded on Friday after Fed chair Powell’s remarks.However, the drop to a six-week low could be a sign that cracks have started to emerge in gold’s uptrend.What is the outlook and key levels to watch in…
Forex Setup of the Week: Simple NZD/USD Correction Play
The RBNZ is widely expected to hike interest rates again this week, so I’m looking at this potential bullish play on NZD/USD.
Can the pair sustain its climb after breaking above this reversal pattern’s neckline?
Before you check out the…
Sellers attack previous resistance with eyes on 137.10
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USD/JPY remains depressed after reversing from the highest levels in six months.
Bullish MACD…