GBP/USD Price Analysis: Seesaws inside immediate triangle below 1.3100
GBP/USD drops to 1.3062, down 0.05% on a day, during Friday’s Asian session. The pair recently took a U-turn from the intraday top near 1.3075 while d
Read More »USD/CAD Rate Rebound Undermined by Crowding Behavior in US Dollar
Current market conditions may keep USD/CAD under pressure as the crowding behavior in the US Dollar persists.
Read More »New Zealand Dollar Time Cycle: Implications for NZD/USD and NZD/JPY Rates
The New Zealand Dollar may extend its surge from yearly lows as it tentatively signals a cyclical upturn. NZD/USD, NZD/JPY rates poised for further gains.
Read More »Japanese Yen Time Cycle: Implications for AUD/JPY and EUR/JPY Rates
The Japanese Yen may fall against its major counterparts as it enters the second-half of an 8-year cycle. AUD/JPY, EUR/JPY rates eye push to fresh yearly highs.
Read More »Dollar Index Price Analysis: The greenback capitulation continues into the close and heads to a massive support
The dollar’s spectacular demise is continuing into the end of the week. The greenback has even lost ground against the Japanese yen which has been hol
Read More »EUR/USD Price Analysis: Probes Friday’s high, bullish breakout on weekly chart
EUR/USD has printed its first weekly close above key average in over a year. The breakout looks to have opened the doors for 1.15. EUR/USD is better
Read More »EUR/USD Price Analysis: 200-week MA is a stiff resistance
EUR/USD bulls need a break above the 200-week SMA. The average has been capping gains since the end of May. EUR/USD is trading near 1.1310 at press t
Read More »ForexLive Americas FX news wrap: Re-opening turns into re-closing
Forex news for North American trade on June 26, 2020: Markets: – Gold up $6 to $1770 – US 10-year yield down 4.4 bps to 0.64% – WTI crude down…
Read More »A technical look at the major currency pairs heading into the new trading week
What are the technical’s saying for the major currencies. The EURUSD extended the week’s trading range in the NY afternoon (taking out the low from Tuesday at 1.12402. The break…
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