Forex
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Trade of The Day – USD/CAD
Facts: USDCAD is trading in a downward trend since the beginning of July The pair reacted to the key resistance…
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Euro trims gains against British Pound after UK CPI inflation rises to 2.9%
EUR/GBP trims gains near 0.8555 in Wednesday’s early European session. UK CPI inflation jumped to 2.9% YoY in July, the…
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USD/IDR Price Trades near 17,850 after pulling back from moving averages
USD/IDR may fall toward the lower rectangle boundary around 17,750. The 14-day Relative Strength Index at 43.48 signals fading bullish…
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British Pound shows limited reaction to expected increase in UK headline inflation
The British Pound moves mildly against the Japanese Yen after the UK CPI data for July. The UK headline CPI…
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Swiss Franc strengthens as US Dollar falls on fading Fed rate hike expectations
USD/CHF drops as weak US retail sales and cooling inflation lower September rate hike odds to 35%. CME FedWatch tool…
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EUR/JPY Price Softens to near 184.50, mildly bearish bias persists under 100-day SMA
EUR/JPY declines to near 184.60 in Wednesday’s early Asian session. The cross maintains a mildly bearish tone; further consolidation cannot…
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Canadian Dollar strengthens as Trump pauses 50% tariffs and USD slides before FOMC Minutes
USD/CAD attracts some sellers after Trump paused 50% tariffs against Canada for a three-day period Oil prices rise to a…
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Australian Dollar weakens despite RBA’s Hauser hawkish remarks
Australia’s Wage Price Index grew 3.2% year-on-year in Q2 2026, matching expectations despite hitting a multi-quarter low. RBA Deputy Governor…
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South Korean Won Hits Over 10-Month High
The South Korean won traded around 1,399 per dollar, reaching its strongest level since late September 2025, as a softer…
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Trade of The Day: EUR/AUD
Facts: Short term sentiment remains downward The price reacted to the horizontal resistance area at 1.6300 Recommendation: Trade: Short EURAUD…
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