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Forex
Why does GBP/USD drop despite the dollar weakness?
GBP/USD drops despite the dollar weakness. What is happening?
The GBP/USD pair dropped for the third day in a row despite the greenback weakness and stood near…
AUD/USD forecast for March 15, 2021
AUD/USD forecast for March 15, 2021
Looking at the chart on the weekly time frame, we see that the Australian dollar as it touched 0.80000 is a real pullback to the…
EUR/USD forecast for March 15, 2021
EUR/USD forecast for March 15, 2021
Looking at the chart on the weekly time frame, we see that the EUR/USD pair has fallen below the moving averages of MA20 and…
The dollar stays strong. What about other currencies?
The dollar stays strong. What about other currencies?
In the forex market, the dollar seems to be the strongest currency. Meanwhile, the YenYen is the weakest one.…
GBP/NZD Forecast for March 12, 2021
GBP/NZD Forecast for March 12, 2021
Looking at the chart on the weekly time frame, we see that the GBP/NZD pair has been in a bullish trend since December 2020 and…
EUR/NZD forecast for March 12, 2021
EUR/NZD forecast for March 12, 2021
Looking at the chart on the weekly time frame, we notice that the EUR/NZD pair is still in a strong bearish trend even after a…
Calming bond markets weigh on the dollar
Calming bond markets weigh on the dollar
On Friday, the dollar dropped to a one-week low. Calming bond markets elevated investor sentiment and appetite for Asian…
The dollar index dropped to a week low
The dollar index dropped to a week low
The dollar dropped to its lowest in a week. Attention is turned to the ECB's policy meeting now.
On Wednesday, softer…
AUD/JPY forecast for March 11, 2021
AUD/JPY forecast for March 11, 2021
Looking at the chart on the weekly time frame, we see that the AUD/JPY pair after minor consolidation again continues up above…
AUD/CHF forecast for March 11, 2021
AUD/CHF forecast for March 11, 2021
Looking at the chart on the weekly time frame, we see that the AUD/CHF pair is still testing the previous high from 2019…
NZD/USD forecast for March 10, 2021
NZD/USD forecast for March 10, 2021
Looking at the chart on the weekly time frame, we see that the NZD/USD pair has made a pullback to the moving averages of the…
EUR/AUD forecast and March 10, 2021
EUR/AUD forecast and March 10, 2021
On the weekly chart, we see that the EUR/AUD pair is on the bottom trend line, and we can look at it as potential resistance and…
Dollar rises as Treasury yields stabilize
Dollar rises as Treasury yields stabilize
The dollar saw gains on Wednesday, recovering some of its early morning losses, as US Treasury yields stabilized after…
AUD/JPY forecast for March 9, 2021
AUD/JPY forecast for March 9, 2021
looking at the chart on the weekly time frame, we see that after a minor pullback at the end of February, the AUD/JPY pair is…
AUD/NZD Forecast for March 9, 2021
AUD/NZD Forecast for March 9, 2021
Looking at the chart on the weekly time frame, we see that the AUD/NZD pair is still stuck in the big triangle corner but moving…
The dollar hiked due to the strength of Treasury yields
The dollar hiked due to the strength of Treasury yields
The dollar reached a three-and-a-half-month high against a basket of currencies on Monday. It soared .53% to…
GBP/USD hits three-week lows
GBP/USD hits three-week lows
The GBP/USD was trading at 1.3790, the lowest level since mid-February. The price continues downhill in the context of strengthening…
AUD/USD dropped despite Australia’s positive economic data
AUD/USD dropped despite Australia's positive economic data
The Australian Dollar dropped against the Dollar overnight despite Australia's better-than-expected…
EUR/USD under pressure pierces support at 1.2000
EUR/USD under pressure pierces support at 1.2000
Bearish sentiment remains unchanged around the euro. It led EUR/USD to enter the psychological support at 1.2000.…
Dollar strengthened while risk-sensitive currencies weakened
The dollar strengthened while risk-sensitive currencies weakened
The dollar stood firm against its low-yielding yields on Tuesday.
The dollar index increased…