Forex
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The Japanese Yen holds steady as BoJ and Fed rate decisions in focus
USD/JPY flat lines around 159.50 in Monday’s early Asian session. Markets expect the BoJ to leave interest rates unchanged on…
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NZD/USD eyes 0.5900 on softer USD; bulls seem cautious as US-Iran tensions persist
NZD/USD turns positive for the second straight day on Monday amid a modest USD downtick. Stalled US-Iran peace talks, Hormuz…
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The CAD advances as oil prices gain on stalled US–Iran peace talks
USD/CAD falls as the Canadian Dollar gains support from higher oil prices. WTI rises after Trump canceled Pakistan talks delegation,…
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AUD/USD Advances to 0.7170 as bulls await range breakout on softer USD
AUD/USD attracts some dip-buyers on Monday amid a modest US Dollar weakness. The RBA’s hawkish stance counters US-Iran tensions and…
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US Dollar Index declines below 98.50 as Iran offers US deal to reopen Strait of Hormuz
US Dollar Index trades with mild losses around 98.45 in Monday’s early Asian session. Iran offered the US a proposal…
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EUR/USD Price Bounces back to near 1.1730 as 20-day EMA remains supportive
EUR/USD turns positive around 1.1730 as the US Dollar gives back early gains. Iran prepares to reopen the Hormuz if…
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Three markets to watch next week: all eyes on the Fed
ensions in the Middle East remain elevated, with Brent crude once again trading above $100 per barrel. At the same…
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USD/CHF Price Forecast: Rejected at 100-day SMA, eyes on 0.7800
USD/CHF fails at 100-day SMA, signaling resistance remains intact. RSI turns lower, confirming growing bearish momentum pressure. Break below 0.7800…
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Trade of The Day – EUR/USD
Facts: The pair bounced off the key technical support near 1.1660 Mid-term trend remains upward Recommendation: Trade: Long position on…
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EUR/GBP remains stalled below 0.8680 following strong UK Retail Sales data
EUR/GBP recovery from 0.8654 lows remains capped below 0.8680. UK Retail Sales beat expectations in March, but mainly due to…
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