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XAG/USD drops as a doji emerge, while indicators suggest a potential pullback
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Silver price retreats after hitting daily high on upbeat US economic data.
Upward momentum for…
EUR/USD holds steady around 1.0980 as upbeat US PMIs ease recession fears
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S&P Global PMI figures ease recessionary fears, boost US economy.
Traders’ moods fluctuating to…
FIBONACCI IN THE FOREX MARKET – Analytics & Forecasts – 23 April 2023
Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk…
Forex and Cryptocurrency Forecast for April 24 – 28, 2023 – Analytics & Forecasts…
EUR/USD: Rate Forecast: USD +0.25%, EUR +0.50% ● Due to the lack of significant economic news, the EUR/USD dynamics in recent days has been determined by statements by representatives of mega-regulators regarding interest…
Will Heavyweight Data Breathe Life Back Into a Lethargic EUR/USD?
EUR/USD Price, Chart, and AnalysisHeavyweight Euro, German, and US data releases are set for next week.Fed speaker blackout period ahead of the May 3rd FOMC rate decision.EUR/USD traders hoping for some tradable action.
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Next on the downside comes 100.80
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DXY keeps the side-lined trading well in place on Friday.
The breakdown of this theme exposes a…
Next on the upside emerges the 2023 peak
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EUR/USD leaves behind initial losses and approaches 1.1000.
Further gains are seen targeting the…
Ominous Signs for Aussie Dollar
AUD/USD ANALYSIS & TALKING POINTSHow will the RBA react to the recent market re-pricing?Australian and US inflation data in focus.AUD/USD death cross, bear flag and client sentiment suggest AUD weakness to come.
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FX Weekly Recap: Apr. 17 – 21, 2023
Forex volatility picked up this week thanks to top-tier economic releases, leading traders to re-price their monetary policy expectations.
The U.S. dollar was all over the charts as traders simultaneously priced in higher Fed interest…