Forex
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USD/INR jumps on a rise in month-end US Dollar demand
The Indian Rupee weakens in Wednesday’s early European session. A rise in month-end US Dollar demand and higher crude oil…
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EUR/USD gains traction above 1.0750 as US consumer confidence tumbles to a four-year low
EUR/USD holds positive ground around 1.0780 in Wednesday’s Asian session, adding 0.13% on the day. The US CB’s Consumer Confidence…
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GBP/USD Tests nine-day EMA barrier near 1.2950 amid a bullish bias
GBP/USD tests immediate barrier at nine-day EMA at 1.2938 level. The 14-day RSI reinforces strong bullish momentum as it stays…
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USD/CHF holds gains near 0.8850 as US Dollar advances due to prevailing market caution
USD/CHF advances as the US Dollar finds support amid heightened market caution ahead of Trump’s tariff announcement on April 2.…
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USDIDX Gains Depite Weaker CB Consumer Confidence Report
US CB Consumer Confidence Actual 92.9 (Forecast 94, Previous 98.3, Revised 100.1) Average 12-month inflation expectations rose again, from 5.8%…
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Trade of The Day – AUD/CAD
Facts: The main trend on AUDCAD remains downward The price reached the upper limit of 1:1 structure Recommendation: Trade: Short…
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AUD/USD – Recommendation From Credit Agricole
Credit Agricole has issued a recommendation for the AUDUSD currency pair. Credit Agricole recommends taking a long position on the…
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Chart of The Day – USD/JPY
The Japanese Yen strengthened Tuesday, pulling USD/JPY down from a three-week high near 151.00 as markets digest hawkish signals from…
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USD/INR rebounds on hopes for softer Trump tariff stance
The Indian Rupee edges lower in Tuesday’s Asian session. Fresh foreign capital inflows and a weaker Dollar underpin the INR;…
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USD/CAD climbs above 1.4300, upside potential appears as Trump’s tariff announcement looms
USD/CAD gains support amid heightened risk aversion ahead of Trump’s scheduled tariff announcement on April 2. The Canadian Dollar strengthened…
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