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
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
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