Forex
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When are the German/ Eurozone flash HCOB PMIs and how could they affect EUR/USD?
German/ Eurozone flash PMIs Overview The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for January is due for…
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Offshore Yuan Gains on Stronger Fixing
The offshore yuan edged higher to around 6.95 per dollar, snapping a two-session losing streak as the central bank set…
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Trade of The Day – AUD/NZD
Facts: AUDNZD rebounded this week from the 240-period exponential moving average (EMA240) on the H4 timeframe. The price remains above…
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Chart of The Day – AUD/USD
The Australian dollar is dominating today’s FX session, gaining as much as 0.7% against the U.S. dollar following the release…
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Forex Talk – AUD/USD, EUR/AUD And AUD/NZD
The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only…
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Euro Holds Near Two-Week High
The euro was little changed at $1.17, near its strongest level in two weeks, as US-Europe tensions appeared to ease…
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Pound Holds Above Four-Week Low
The British pound hovered around $1.34, staying above the four-week low of $1.338 touched on January 15, as US-Europe tensions…
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US Dollar Index stalls below 98.90 awaiting US growth, inflation data
DXY recovery from 98.26 lows stalls below 98.90, remains 0.6% down on the week, Trump’s softer tone towards Europe has…
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EUR/CAD holds losses near 1.6150 despite lower Oil prices, easing US-EU tensions
EUR/CAD may rise as the commodity-linked Canadian Dollar could struggle amid lower Oil prices. WTI struggles as oversupply concerns offset…
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EUR/USD Price Forecast: Tests 1.1700 barrier after EMAs rebound
EUR/USD rebounded from the confluence around 50-day and nine-day EMA at 1.1674 and 1.1672, respectively. The 14-day Relative Strength Index…
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