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Forex
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…
EUR at risk to drop to 1.230
EUR at risk to drop to 1.230
EUR/USD pair is pointing higher after breaking its intra-yearly downtrend. It is trading at 1.2080, below its year-to-date high of…
USD/JPY forecast for February 26, 2021
USD/JPY forecast for February 26, 2021
Looking at the chart on the weekly time frame, we can see that this one too now dollar has made big gains against the…
AUD/NZD forecast for February 26, 2021
AUD/NZD forecast for February 26, 2021
Looking at the graph on the weekly time frame, we see that a triangle has been formed on the graphically narrowing space for…
US dollar strengthened after US yield rise
US dollar strengthened after US yield rise
The US dollar saw gains on Thursday after US bond yields surged from three-year lows overnight.
The bond sell-off has…
AUD/CHF forecast for February 25, 2021
AUD/CHF forecast for February 25, 2021
Looking at the AUD/CHF currency pair chart in the weekly time frame, we see how much the Australian dollar dominates against…
NZD/JPY forecast for February 25, 2021
NZD/JPY forecast for February 25, 2021
Looking at the chart on the weekly time frame, we see that the NZD/JPY pair has just crossed the previous high from November…
Dollar fell to 3-year lows due to fears of higher inflation
Dollar fell to 3-year lows due to fears of higher inflation in the US
The dollar fell to new three-year lows on Wednesday after Federal Reserve chairman Jerome…
NZD/USD forecast for February 24, 2021
NZD/USD forecast for February 24, 2021
Looking at the NZD/USD pair chart on the weekly time frame, we see that the NZD is unstoppably rushing towards higher levels,…
AUD/USD forecast for February 24, 2021
AUD/USD forecast for February 24, 2021
Looking at the chart on the weekly time frame, we see that the AUD/USD pair is recording its new highs from the period from…
Traders have a Negative Long-Term Outlook for the Dollar
Traders Have a Negative Long-Term Outlook for the Dollar
On Wednesday, the dollar dropped to a three-year low against the British pound on NSE. The greenback…
The Dollar Rose, but will it Keep Up its Bullish Streak?
The Dollar Rose, but will it Keep Up its Bullish Streak?
The dollar index recovered from the six-week low. Investors shifted their focus to expectations on US Fed…
AUD/CHF forecast for February 23, 2021
AUD/CHF forecast for February 23, 2021
Looking at the chart on the weekly time frame, we see a strong bullish trend. After a long time, the AUD/CHF pair managed to…
CHF/JPY forecast for February 23, 2021
CHF/JPY forecast for February 23, 2021
Looking at the chart on the weekly time frame, we see that the CHF/JPY pair managed to break above 118.00 for the first time…
Selling pressure drags EUR/USD below 1.2100
Selling pressure drags EUR-USD below 1.2100
EUR/USD faced some mild selling pressure, and some buying interest resumed in the greenback. It dragged EUR/USD to the…
GBP/JPY forecast for February 22, 2021
GBP/JPY forecast for February 22, 2021
Looking at the chart on the weekly time frame, we see that the GBP/JPY pair managed to surpass the previous high from…
GBP/CAD forecast for February 22, 2021
GBP/CAD forecast for February 22, 2021
Looking at the chart on the weekly time frame, we see that the GBP/CAD pair is in a bullish trend after a break out of the…