Share: USD/INR bears keep the reins at weekly low despite recent inaction. 10-week-old ascending support line, horizontal support zone challenges Indian Rupee bulls. Key SMAs, descending...
Share: The EUR/GBP scales higher for the fourth straight day and touched over a one-week high on Thursday. The ECB’s hawkish outlook continues to underpin the...
Share: USD/JPY pulls back from a fresh YTD peak touched on Wednesday, albeit lacking follow-through. Powell’s less hawkish remarks keep the USD bulls on the defensive...
Share: AUD/USD struggles to defend corrective bounce off one-week low. US Dollar remains pressured as Fed Chair Jerome Powell fails to offer any positive surprise to...
Share: During the Asian session, New Zealand will report trade data and Credit Card Spending. The focus later will be on the Bank of England decision....
Share: NZD/USD remains confined in a narrow trading band through the Asian session on Wednesday. A modest USD strength, along with economic woes, act as a...
Share: USD/JPY finds support near the 100-hour SMA and stalls the overnight slide from the YTD top. The BoJ’s dovish stance continues to undermine the JPY...
Share: USD/MXN stays defensive around 17.20 amid the early hours of Wednesday’s Asian session, after posting the biggest daily jump in a month to extend last...
Share: EUR/JPY faces a neutral downward trend in the short term. Key support at Tenkan-Sen, Senkou Span B lines, though the EUR/JPY trades inside the Ichimouku...
Share: The USD/MXN pair surges over 0.80%, with market focus on impending Banxico and US Fed monetary verdicts. Despite hawkish Banxico tones, no rate hikes are...
Share: Strong US Dollar, driven by expectations of further tightening by the US Federal Reserve and an overbought US equity market, has influenced the movement. Fed...
Share: USD/CAD jumped to a high of 1.3270 before stabilizing at 1.3235. PBoC rate cuts fueled global economic downturn worries. Falling Oil prices and strong USD...
Share: Euro surrenders initial gains and approaches the 1.0900 region, Stock markets in Europe add to Monday’s losses. The US Dollar regains composure and advances modestly....
Share: USD/CAD struggles to capitalize on its modest intraday positive move on Tuesday. An uptick in Oil prices underpins the Loonie and caps gains amid fresh...
Share: EUR/JPY is seen consolidating its recent strong gains to the highest level since September 2008. Overbought RSI on the daily chart holds back bulls from...
Share: USD/CHF scales higher for the third straight day, albeit lacks follow-through buying. A goodish pickup in the US bond yields boosts the USD and lends...
Share: USD/CAD continues its downward trajectory, trading at 1.3207, showing minor losses of 0.01%. A break below 1.3200 may open the way to YTD lows, with...
Share: NZD/USD looks to the Aussie for clues ahead of key events. The RBA minutes and Fed chair testimony will be in focus. The New Zealand...
Share: DXY adds to Friday’s bounce and revisits the 102.50 region. Further advance could see the 100-day SMA near 103.00 revisited. The recovery in DXY gathers...
Share: Euro’s daily decline seems to have met initial support near 1.0920. Stock markets in Europe remain weak on concerns around China. ECB I. Schnabel argued...