GBP/USD, USD Index Charts and More

Cable is up against confluent resistance, in need of a break while the DXY may recover or move sideways for a bit to work off oversold, overly bearish conditions.

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How to Trade the Euro, NOK and SEK Using the Core-Perimeter Model

A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model

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USD/JPY Price Analysis: Japanese Yen at Key Juncture, USD Rebound

The Japanese Yen has surrendered recent gains since breaking below the key 106.00 support level

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GBP/USD Cracks 1.30 on USD Demand, Volatility Lurking in USD/TRY - US Market Open

Focus remains on US fiscal stimulus talks. However, volatility is lurking in the Emerging Market space

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Market Sentiment: USD, Stocks, Gold Price Wait for US Aid Deal | Webinar

Traders remain broadly confident about the markets but the next big move will probably not come until the White House and Congress agree, or fail to agree, on an aid package for the US economy.

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US Dollar (DXY) Struggles to Push Higher After Multi-Month Sell-Off Sets the Tone

The US dollar remains just off its recent 26-month low and will likely wait for Friday’s US Labor Report before the greenback decides on its next move.

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New Zealand Dollar at Risk, GBP/USD Weakness - FX Seasonality for Month Ahead

FX seasonal trends show investors position defensively with safe-havens in demand over cyclical currencies.

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Gold Prices May Fall If Markets Make Good on Bearish Chart Setup

Gold prices may turn lower markets make good on early technical signs of topping. US fiscal stimulus negotiations may emerge as the decisive catalyst.

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British Pound (GBP) Latest: FTSE Shrugs Off BP Results, GBP/USD Stable

GBP/USD is steady around the 1.31 level, with few signs of a major move up or down, while the FTSE 100 index is little changed even though BP shares rose, oddly, after news of a record loss and div...

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EUR/JPY Poised for Near-Term Pullback as Technical Divergence Takes Shape

The EUR/JPY exchange rate looks poised for a short-term pullback as technical divergence suggests the recent rally may be running out of steam.

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Australian Dollar Spikes Higher as RBA Keeps Monetary Policy Settings Steady

The Australian Dollar spiked higher after the Reserve Bank of Australia kept the target for the official cash rate and 3-year yield steady at 0.25%.

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USD/CAD Rate Reverses Ahead of June Low as RSI Breaks Out

USD/CAD appears to reversing course following the failed attempt to test the June low (1.3315) as the RSI breaks out of the downward trend established in July.

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US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar slide extended against the Singapore Dollar, Malaysian Ringgit, Philippine Peso and Indonesian Rupiah. Focus turns to the US jobs report, ASEAN GDP and the RBI.

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Euro at Risk on EU Digital Sovereignty Stance, USD Eyes Stimulus Talks

The Euro may pay the price for the EU’s stance on its digital sovereignty while the US Dollar eyes closely-scrutinized US fiscal stimulus talks.

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ASX 200 May Rise on Strong US Leads, RBA Meeting in Focus

The ASX 200 index may open higher on Tuesday following a strong US trading session. Singapore’s Straits Times Index slumped to a key support at 2,500.

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NZD/USD Fails to Test January High Ahead of New Zealand Employment

NZD/USD has failed to test the January high (0.6733) ahead of New Zealand’s Employment report, which is expected to show the first contraction since 2019.

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Nasdaq 100 Record High Faces Resistance, AUD/USD Turns to RBA Next

While the Nasdaq 100 has hit a record high, futures show that key resistance has held. The Australian Dollar fell amid rising local Covid-19 cases, now awaiting the RBA next.

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Euro Forecast: Resistance Holds, For Now - Key Levels for EUR/JPY & EUR/USD

The Euro just had its best monthly performance versus the US Dollar since September 2010. A good omen?

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US Dollar Volatility: AUD/USD & NZD/USD Turn to RBA & Jobs Data

After sliding by more than 3% last month, the US Dollar is trying to turn higher against key FX peers like the Aussie and the Kiwi, which brings AUD/USD and NZD/USD volatility into focus amid key e...

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Gold Price Forecast: XAU/USD Threatens Bull Breakout, 2k in Sight

The Gold breakout theme has been running for a while now and as the yellow metal nears a first test of the 2k marker, the big question is what's next?

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