US Dollar reverses its course and clears daily losses, focus shifts to Fed’s decision
The US Dollar (USD) measured by the US Dollar Index (DXY) declined to 106.35, near the 20-day Simple Moving Average (SMA), and will likely close with
Read More »US Dollar DXY declines below the 20-day SMA, closes the week with losses
The US Dollar (USD) measured by the US Dollar Index (DXY) oscillates between gains and losses in the 106.15 area, trading below the 20-day Simple Movi
Read More »US Dollar Setups: EUR/USD Battles Channel Resistance while USD/JPY Stays Put
This article takes a detailed look at EUR/USD and USD/JPY’s prospects, analyzing important technical levels that may come into play and trigger notable price responses in the days ahead.
Read More »EUR/USD trades with a mild positive bias on subdued USD demand, remains below 1.0600 mark
The EUR/USD pair gains some positive traction during the Asian session on Tuesday and remains well within the striking distance of last week’s swing h
Read More »GBP/USD consolidates below 1.2100 mark, seems vulnerable near multi-month low
The GBP/USD pair extends its consolidative price move for the second successive day on Wednesday and remains well within the striking distance of the
Read More »GBP/USD Price Analysis: Remains under selling pressure, the key contention is seen at 1.2100
The GBP/USD pair extends its downside for the seventh consecutive day during the Asian session on Thursday. The downtick of the pair is supported by t
Read More »Forex Today: Dollar holds firm, focus turns to inflation data
Next week, markets will continue to digest the outcomes of recent central bank meetings. Additionally, market participants will closely monitor the re
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Japanese Yen Forecast: USD/JPY on Breakout Quest as GBP/JPY Fends Off Support Test
This article takes a technical view of USD/JPY and GBP/JPY, analyzing critical support and resistance levels that deserve careful scrutiny in the coming trading sessions.
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