Japanese Yen May Extend Fall as AUD/JPY, EUR/JPY Eye Multi-Year Highs
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 multi-year highs.
Read More »EUR/USD Weekly Forecast: Awaiting Breakout From Monthly Range
EUR/USD holding patten as markets await September breakout. US Dollar selling the dominant theme.
Read More »EUR/USD Price Analysis: The next major resistance is still some way off at 1.2042
EUR/USD has had an impressive run of late but on Friday it was some of the other major counterparts that outperformed against the greenback. Looking a
Read More »Forexlive Americas FX news wrap: US existing home sales surge
Forex news for North American trading on August 21, 2020 Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July…
Read More »EUR/USD Price Analysis: Bearish RSI divergence on the daily chart
EUR/USD’s daily chart shows a bearish RSI divergence. The pair looks to have carved out a temporary top above 1.19. EUR/USD fell by nearly 0.80% on W
Read More »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
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