NZD/USD has probably reversed its downtrend on the short-term timeframe. It was falling in a large Measured Move pattern, however, there is a chance this may...
USD/JPY could meet the immediate barrier around March’s high of 151.97 and the psychological level of 152.00. The lagging indicators suggest a confirmation of the bullish...
Here is what you need to know on Thursday, April 4: The US Dollar (USD) came under renewed selling pressure on Wednesday and the USD Index...
GBP/USD remains on the defensive near 1.2650, focus on US Initial Jobless Claims GBP/USD hovers around 1.2650 during the Asian session on Thursday. However, the US...
AUD/USD edges up, buoyed by Fed’s rate talk and mixed US data. Fed’s data-focused rate policy, strong US job market, and services data are headwinds for...
The New Zealand Dollar extends its downtrend in most pairs as broadly weak fundamentals exert pressure. RBNZ governor Orr says the bank is “laser-focused” on beating...
EUR/USD is rebounding from intraday-chart oversold lows. Eurozone inflation data on Wednesday could impact interest-rate expectations and the exchange rate. The recovery could rise a little...
The RSI on the daily chart lies deep in negative terrain. Inidicators on the hourly chart are showing a slight improvement. The 20 and 100-day SMAs...
NIO stock has sunk to a near four-year low near $4.50. Tesla upended the EV market with declining deliveries in Q1. Rivian beat consensus for deliveries in...
GBP/USD climbs to 1.2573, rebounding amidst rising US Treasury yields and mixed signals from Fed officials. US job openings slightly exceed expectations, while Factory Orders show...
A long-term technical analysis of the Dollar Index suggests a sideways trend. This is likely to continue until a decisive break above or below the range. ...
The Swiss Franc trades mixed – weakening to the US Dollar but up against the Euro and the Pound Sterling. Swiss data showed an unexpected decline...
NZD/USD is declining in the final C leg of a bearish pattern. The Measured Move is likely to fall to a target in the 0.5800s. The...
Silver scales higher for the fourth straight day and spikes to a one-and-half-week high. The technical setup favours bullish traders and supports prospects for additional gains....
EUR/USD faces some sell-off around 1.0730 in Tuesday’s early European session. The major pair holds below the key EMA with an oversold RSI condition. The first...
GBP/USD drops after strong US ISM Manufacturing PMI data The Pound Sterling slumps in the mid-North American session, as robust US economic data could dent the...
Significant selling momentum is revealed in the daily chart as the RSI slips into negative zones while MACD signifies growing negative traction. In line with the...
GBP/USD trades in positive territory around 1.2628 in Monday’s early European session. The pair keeps the bearish outlook below the key EMA; RSI indicator lies below...
EUR/USD holds its position after trimming daily gains on Monday. Technical analysis suggests a possible confirmation of bearish momentum for the pair. A break above the...
AUD/USD stands still with the market awaiting the US Core PCE inflation figures and personal spending insights. Forecasts suggest a slight slowdown in Core PCE inflation...