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GBP steadies above 1.3400 vs USD on mixed BoE cues, UK political and Iran risks
GBP/USD struggles to gain any meaningful traction on Friday amid mixed fundamental cues. UK political uncertainty counters BoE rate hike…
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EUR/JPY Price Tests confluence resistance zone near 185.00
EUR/JPY tests the nine-day EMA of 184.76. The 14-day Relative Strength Index around 47 indicates recent pullback is a consolidation.…
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CHF flattens against US Dollar as investors await US-Iran deal announcement
The Swiss Franc ranges around 0.7870 vs. the US Dollar, with investors awaiting US-Iran deal confirmation. The issues regarding the…
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AUD/JPY Price Weakens to near 113.50, but broader uptrend remains intact
AUD/JPY drifts lower to near 113.50 in Friday’s early European session. Surprise rise in Australia’s Unemployment Rate will give RBA…
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Currency Talk – EUR/USD, USD/CHF, USD/CAD
Key takeaways What is the technical outlook for EURUSD, USDCHF and USDCAD? EURUSD EURUSD prices have recently broken below the…
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AUD/USD – Picks up above 0.7120 after finding support in the 0.7100 area
AUD/USD holds above 0.7100 after falling from 0.7174 highs on Wednesday. An unexpected rise in Australian unemployment adds to the…
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Rupee Finds Relief as Oil Prices Ease
The Indian rupee hovered near 96.4 per dollar, pausing losses after briefly crossing the 97-per-dollar mark for the first time.…
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NZD weakens despite stronger Trade Balance data
NZD/USD falls despite a record-high NZD 1.92 billion April Trade Surplus that beat market expectations. The RBNZ is expected to…
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EUR/JPY Flatlines with neutral technical outlook as traders eye intervention risks
EUR/JPY holds steady near 184.75 in Thursday’s early European session. The cross keeps a neutral outlook, while RSI momentum hovers…
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EUR/USD Consolidates above 1.1600 as Iran risks, hawkish Fed support USD
EUR/USD bulls seem hesitant as geopolitical uncertainties and Fed rate hike bets underpin the USD. The mixed technical setup warrants…
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