Aussie and kiwi gain, driven by talk from central banks
Aussie and kiwi gain, driven by talk from central banks
Risk sensitive currencies, the Australian and New Zealand dollar were the biggest gainers among major…
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Forex Exotics
Learn how to trade and get profit out of exotic forex pairs. An exotic currency is a foreign exchange term for a thinly traded currency. Keep in mind that exotic currencies are illiquid, lack market depth, and can be extremely volatile.
Dollar rose as traders await Fed testimony
The Dollar rose as traders await Fed testimony
The United States Dollar paused for breath on Tuesday as traders await testimony from Federal Reserve Chair Jerome…
NZD/USD 0.73000 as the current limit
NZD/USD 0.73000 as the current limit
Last week's jump of the dollar to around 90.50 had no follow-up and encouraged the withdrawal to the current level, which the…
EUR/GBP Pair analysis: Euro not surrendered
EUR/GBP Euro not surrendered
Rates in Europe continue to defy the ECB, as today yields rise again before the start of the session. Ten-year bond yields are at their…
EUR/USD zone from February 1.22000
EUR/USD zone from February 1.22000
The EUR/USD pair managed to climb to 1.22000, the place where it was on 25.02 this year. The dollar is still losing ground and is…
NZD/USD analysis for May 17, 2021
NZD/USD analysis for May 17, 2021
Looking at the chart on the daily time frame, we can do the following technical analysis. After reaching the previous high at…
Dollar rebounds as U.S. yields rise
Dollar rebounds as U.S. yields rise
Biden will introduce a USD1.8 trillion package that would necessitate tax increases of 1.3 percent of GDP. This will be the…
The dollar trades close to nine-week lows
The dollar trades close to nine-week lows
The United States Dollar traded close to nine-week lows on April 29. Remarkably, the dovish outlook from the FED and bold…
EUR/AUD analysis for April 29, 2021
EUR/AUD analysis for April 29, 2021
Looking at the chart on the four-hour time frame, we see that we are moving in one ascending channel. We can notice that the…
EUR/USD analysis for April 28, 2021
EUR/USD analysis for April 28, 2021
Looking at the EUR/USD pair chart on the four-hour time frame, we see that we have reached the upper trend line, and now here,…
EUR/GBP analysis for April 27, 2021
EUR/GBP analysis for April 27, 2021
Looking at the chart on the four-hour time frame. We see that the EUR/GBP pair is now consolidating into one smaller rising…
The sterling recovered on Friday from a sharp decline
The sterling recovered on Friday from a sharp decline
The British Sterling recovered on Friday from a sharp decline on Thursday. It was spurred by strong retail…
NZD/JPY analysis for April 7, 20201
NZD/JPY analysis for April 7, 20201
We see a pullback to 61.8% Fibonacci level at 77.80 and a bounce back to lower levels on the four-hour time frame. Moving…
USD/JPY pair dropping before US Non-Farm Payrolls
USD/JPY pair dropping before US Non-Farm Payrolls
The dollar is under slight pressure in limited market conditions, with most markets closed due to Good Friday. The…
EUR/JPY forecast for March 25, 2021
EUR/JPY forecast for March 25, 2021
Looking at the graph on the weekly time frame, we see that 130.00 makes a pullback to the Fibonacci retracement level at 61.8%…
Speculators give in to the dollar’s strength
Speculators give in to the dollar's strength
The US dollar wavered near a four-month high on Monday after Turkey's President Tayyip Erdogan surprised investors over…
EUR/USD forecast for March 22, 2021
EUR/USD forecast for March 22, 2021
Looking at the chart on the weekly time frame, we see that the EUR/USD pair found support at 1.18000 at a very important level…
Turkish Lira collapsed after Erdogan’s decision
Turkish Lira collapsed after Erdogan's decision
The Turkish Lira collapses on the currency markets, losing more than 15%. This comes after President Recep Tayyip…
U.S. dollar rallied on Thursday. What about Sterling?
U.S. dollar rallied on Thursday. What about Sterling?
The U.S. dollar surged forward on Thursday, climbing towards its strongest level in more than two months…
Chinese Yuan was Flat Against Dollar. What about the Yen?
Chinese Yuan was Flat Against Dollar. What about the Yen?
The offshore Chinese yuan was flat at 6.5716 against the dollar, on Friday. However, the Chinese yuan…
