Pound Extends Losses, Employment Report Next
The British pound is in negative territory for a third straight day. In the North American session, GBP/USD is trading at 1.2083, down 0.44% on the…
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The British pound is in negative territory for a third straight day. In the North American session, GBP/USD is trading at 1.2083, down 0.44% on the…
Last week turned out to be extremely volatile and turned out to be negative for the dollar, while mixed macro statistics coming from the US continue…
Bulls on the EUR/USD pair could not hold their positions after the release of disappointing data on the growth of US inflation. Having reached the lo…
Central banks are about to start rolling back the stimulus they pumped into their economies by buying bonds. For the Bank of England in particular, …
The recent NZD/USD bullish move has more to do with a softer dollar than kiwi strength. Fundamentally, NZD relies on commodity prices and the general…
The recent NZD/USD bullish move has more to do with a softer dollar than kiwi strength. Fundamentally, NZD relies on commodity prices and the general…
Asian stock market did not show a single direction. Thus, some of the indicators are falling: the Chinese Shanghai Composite and Shenzhen Composite …
Gold prices finished the week around 1.5% higher after prices rallied on Friday as Treasury yields moderated. Traders digested inflation data via the…
The US Dollar Index (DXY) bounces back from a fresh monthly low (104.64) as it attempts to retrace the decline following the slowdown in the US Consu…
What are the key levels in play for the major currency pairs and why? This video answers all your questions In this video, I preview the upcomi…
There are times when the reward vs risk itself merits a trade idea. Today's daily candle, while closing only in apx 4 hours, is now showin…
AUD/USD gained over the past week as the US Dollar took a hit from inflation data coming in not as hot as anticipated. It has broken the topside of a…
Ethereum changed little in the short term as it tries to consolidate the latest gains. It was trading at the 1,900 psychological level at the time of…
Cable is ending the week on the back foot and looks set to break back below 1.2100 on a combination of a strong US dollar and a weak British Pound. T…
Stays below its 200 day MA The AUDUSD moved above the 100 day MA on Wednesday for the first time since June 8th, but the momentum could not be …
Having fallen last Wednesday to an intraweek low of 104.52, also corresponding to the levels of early July, the dollar index (DXY) today is trying t…
Red line -resistance trend line Blue lines- Fibonacci retracements USDJPY is bouncing after making a low at 131.75. The resistance trend line at 1…
Blue line- major resistance trend line Black lines- short-term bullish channel After the major low in June around $17,600, Bitcoin is slowly but s…
Black lines- trading range Gold price continues trading around $1,790-$1,800. Price is moving sideways during the last three trading sessions. Tren…
EURUSD is trading around 1.0245. The fx pair is in red territory today challenging the short-term support by the tenkan-sen (red line indicator). As…
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