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Initial support turns up near 1.0760
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EUR/USD attempts a mild bounce after testing lows around 1.0760.
There is a temporary hurdle at the…
USD/JPY will be trading a lot lower by the end of the year – ING
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ING’s year-end target for USD/JPY now sits at 120.
137/140 should be best levels for a while…
Global Market Weekly Recap: May 15 – 19, 2023
Global risk assets saw lots of green while gold and bond prices steadily fell as the week went on. This likely signaled easing global recession fears and U.S. debt crisis fears, at least through Friday trade.
Aside from those themes, the…
XAU/USD recoups losses amid hawkish Fed rhetoric, eyeing $1980 resistance
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Gold climbs 1.12%, trading at $1979.90, as the US Dollar’s strength subsides, investors eyeing the…
FX Weekly Recap: May 15 – 19, 2023
The U.S. dollar may have caught most of the traders’ attention with U.S. debt talk developments and Fed speak this week, but wasn’t the best trending FX asset this week!
The New Zealand dollar was likely the best opportunity as it…
Bulls target 1.2500 while front side of dynamic support
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GBP/USD bulls eye a continuation toward 1.2500.
Meanwhile, a correction could be on the cards.
As…
Japanese Yen Price Setups: USD/JPY, GBP/JPY, EUR/JPY
USD/JPY, GBP/JPY and EUR/JPY Price Setups
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Improved Risk Sentiment Weighs on the YenNews of a possible agreement to raise the debt ceiling filtered through…
FX Play of the Day Recaps: May 15 – 19, 2023
With top tier catalysts from Australia and China, this week’s strategies focused mainly on Aussie dollar pairs.
We had arguably 3 out of 4 correct calls with direction, but AUD volatility was limited this week as traders balanced weak…
Slumps from weekly highs as bearish-engulfing candle pattern looms
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USD/JPY trades with losses, ending its five-day gain amid a falling US Dollar and risk-averse mood.…
Loonie Eyes Further Gains to End Week on a High
USD/CAD PRICE, CHARTS AND ANALYSIS:
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