USD/CAD attracts some buyers for the third straight day and climbs to a fresh YTD peak. Reduced Fed rate cut bets, along with geopolitical risks, benefit...
The daily RSI reveals a negative trend for NZD/USD, suggesting prevalent selling pressure. As the RSI stands near oversold conditions, the daily chart hints at a...
The daily EUR/JPY chart reveals a cautiously optimistic tone, despite a somewhat weakened RSI. Indicators on the hourly chart also suggest weakening buying momentum. If bulls...
DXY Index notes a slight uptick, currently trading near 106.00 mark. March Retail Sales exceed forecasts, bolstering bond yields and the US Dollar. Fed appears hawkish,...
The daily RSI and MACD reveal a weaker NZD/JPY, pointing towards bearish momentum. The negative trend is stronger on the hourly chart. Despite short-term bearish inclination,...
Aussie Dollar falls to 0.6452 after higher-than-expected US Retail Sales show strong consumer activity. Rising US Treasury yields suggest diminishing hopes for Federal Reserve rate cuts,...
Pound’s failure to break resistance at 1.2500 leaves bears in control. Strong US retail sales figures have pushed the pair back to the bottom of the...
Mexican Peso falls against strengthening US Dollar, driven by unexpectedly robust US Retail Sales for March. Mexico’s absence of significant data leaves USD/MXN pair more responsive...
Canadian Dollar gives away gains as USD bounces up following strong Retail Sales data. Investors’ concern that Middle East conflict might escalate provides additional support...
Here is what you need to know on Monday, April 15: Growing expectations for a delay in the Federal Reserve’s (Fed) policy pivot and escalating geopolitical...
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0979 as compared to Friday’s fix of...
AUD/USD stages a modest recovery from a two-month low touched on Friday. The uptick seems unaffected by the Iranian attack on Israel over the weekend. Reduced...
The UoM Sentiment Index slipped to 77.9, indicating a weakening in US consumer confidence. The US Dollar seems to consolidate weekly gains following hot inflation data....
Expectations of a later-than-expected interest rate cut by the Federal Reserve lent further legs to the Greenback, lifting the DXY to multi-month tops. There was no...
The Euro dives on a combination of a dovish ECB and a hawkish Fed The pair is on track to its weakest weekly performance in...
Canadian Dollar dives further with the USD rallying across the board. The CAD has depreciated about 1.23% this week, on its worst weekly performance in...
Increasing bearish pressure is shown by the RSI and MACD of both hourly and daily charts. Sellers appear to have control, after gaining the 20-day SMA....
The daily chart RSI signals NZD/JPY’s shift towards negative momentum. Hourly RSI reveals an oscillating pattern in oversold territory, indicating increasing bearish pressure. The NZD/JPY declined...
Despite weak sentiment data, USD rides high on hawkish Fed bets. CPI data reported this week made hopes of a June cut unlikely. Fed’s Collins and...
The daily RSI of the NZD/USD reveals that sellers remain in command with values below 50. The daily MACD shows a slowdown in selling pressure as...