The EUR/USD snaps two straight weeks of gains, drops 0.42%. The common currency is trendless, within the boundaries of 1.0096-1.0278. From a daily chart perspective, the EUR/USD might probe the…
GBP/USD firming up amid less hawkish Fed outcome. Rallying yields trigger a fresh rebound in the US dollar. GBP bulls aim for the 50 DMA ahead of the US Q2…
The BTC/USD pair drifted a bit lower Tuesday as we continue to see a lot of hesitation. Bitcoin has no real chance of rallying for a bigger move until the financial situation…
There’s not much to really contemplate when looking at markets at the moment as all eyes are on the Fed decision later today. As mentioned earlier, the first thing traders…
Here is what you need to know on Wednesday, July 20: The dollar selloff seems to have taken a break on Wednesday with the US Dollar Index moving sideways above…
Bullish View Buy the EUR/USD pair and set a take-profit at 1.0345. Add a stop-loss at 1.0100. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0120 and a take-profit…
Further upside momentum could lift USD/JPY to the 140.00 region in the next weeks, commented FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. KEY QUOTES 24-hour view: “While…
Just a couple to take note of, as highlighted in bold. The first being for USD/JPY at 139.00 as we see buyers look to push for a larger breakout towards the…
As of this morning the USD/ZAR is trading near the 16.97000 mark in relatively consolidated action as financial houses try to find equilibrium after yesterday’s encounter with long term highs. Tuesday’s…
The Australian dollar has bounced a bit during the trading session on Tuesday as we have seen a huge move in favor of the greenback against almost everything. At this point,…