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Weak U.S. data and bank jitters got the dollar bears excited earlier this week! In case you missed it, the U.S. dollar lost most of its intraweek gains after a report showed U.S. layoffs growing to their highest levels since 2000 while…

More big moves may be ahead for EUR/JPY with the European Central Bank (ECB) expected to hike interest rates this week. Let’s take a quick look to see why traders may jump in long on EUR/JPY if the market pulls back. EUR/JPY 1-Hour…

Share: AUD/USD stays defensive after reversing from 12-day-old resistance line. Failure to cross previous…

It was a busy week for FX traders out there, and over here, we had three out of five of our featured FX strategies do pretty well! Check out this quick review to see how the price action and catalysts played out! Forex Setup of the Week:…

USD/CHF has been respecting a descending trend line as early as mid-March. Then, two weeks ago, enough bulls showed up to defend the .8860 level and now the pair is sporting a descending triangle on the 1-hour time frame. Will USD/CHF…

Check out these higher lows and lower highs on EUR/USD! The pair is consolidating inside a triangle pattern on its hourly time frame, and it might be gearing up for a breakout soon. Risk appetite has been switching on and off for the…

AUD/NZD just broke a key support level this week! In case you missed it, the New Zealand dollar was one of the weakest currencies last week after a slower-than-expected CPI report encouraged speculations of the RBNZ following its peers…

It’s Friiiiyay! But before we head off to the weekend, here’s a quick recap of this week’s feature FX strategies, how the price action played out and lessons to take away. Forex Setup of the Week: GBP/USD – April 16, 2023 GBP/USD 1-hour…

Oil (WTI) News and AnalysisWTI on track for fourth straight day of declines on demand concerns, stronger USDWTI attempts to fill in the OPEC-inspired gap with the 50 SMA in sightThe analysis in this article makes use of chart patterns and…

This forex pair is still hovering above its short-term rising trend line, and it looks like the eurozone PMIs might spur a move higher. Analysts are expecting to see slight improvements in the manufacturing sectors of both Germany and…