USD/JPY remains capped near a two-week-old descending trend-line hurdle. The formation of a bearish pennant supports prospects for a fresh leg down. A sustained move beyond...
USD/JPY recovers some ground as traders brace for a busy US economic calendar. Buyers are eyeing a test of the 20-day EMA, as the RSI and...
The AUD/USD falls below the 0.7100 psychological level amid a lack of fresh impetus. The US Federal Reserve’s monetary policy decision keeps traders at bay, dampening...
US Dollar up modestly amid higher US yields ahead of Fed and key data. Equity and crude oil prices trim losses during the American session. USD/CAD...
USD/CAD stages a modest recovery from over a two-month low touched earlier this Monday. A softer tone around crude oil prices undermines the Loonie and acts...
USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears...
USD/CHF is down biased but subject to a mean reversal move towards 0.9300. Solid resistance lies at 0.9235/40, with the confluence of technical indicators rejecting the...
The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for a Fed pivot. Consumer sentiment improved, while inflation expectations ticked lower....
The index extends the bounce in the second half of the week. The 3-month resistance line near 103.15 caps the upside. DXY Advances for the second...
EUR/USD faces a corrective decline and drops to 1.0860. The short-term bullish bias remains unchanged above 1.0690. EUR/USD Retreats for the second session in a row...
USD/CAD picks up some pace and retests 1.3330. US headline, Core PCE drifted lower in December. US Consumer Sentiment comes next in the docket. USD/CAD now...
GBP/USD is set to end Friday with losses of at least 0.20%. United States inflation continues to wane but remains elevated twice of Fed’s target. GBP/USD...
The daily upside in EUR/USD falters around 1.0900. The greenback looks side-lined ahead of key data releases. US PCE, Core PCE, Consumer Sentiment are next of...
AUD/USD continues to gain ground, advancing 0.17% on Thursday. Upbeat US data, with GDP exceeding estimates and unemployment claims edging lower, justify further tightening by the...
USD/JPY remains sideways, trapped within the 129.00/131.00 range. Buyers are unable to conquer the 20-day Exponential Moving Average, and keep the USD/JPY pair range-bound. USD/JPY Price...
GBP/USD trims some of Wednesday’s gains after trading above 1.2400, United States economic data bolstered the US Dollar, a headwind for the Pound Sterling. Retail sales...
GDP in the US is expected to rise by 2.6% in Q4. The US Dollar value will probably continue to be determined by risk perception. After...
The daily chart portrays that the GBP/USD is still upward biased. Short term, the GBP/USD breaking a downslope trendline paved the way for further upside. GBP/USD...
Higher-than-expected Australian inflation data increased the odds of a rate hike by the RBA. Sentiment shifted mixed as Wall Street’s fluctuated between gainers/losers. AUD/USD Price Analysis:...
USD/JPY remained pressured as the 50-DMA crossed beneath the 200-DMA. Bears stepped in and reclaimed 130.00, as they eye 129.00. USD/JPY fell as the North American...