Forex
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AUD/JPY – Tests ascending triangle bottom near 113.00
AUD/JPY may rebound toward the nine-day EMA of 113.72. The 14-day Relative Strength Index near 50 hints at a current…
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Dollar Strengthens on Fed Rate Hike Bets
The dollar index climbed above 99.3 on Monday, reaching its strongest level in six weeks as rising inflationary pressures linked…
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Offshore Yuan Extends Fall on Weak Data
The offshore yuan weakened to around 6.81 per dollar on Monday, extending losses from the previous week as a series…
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Trade of the day: GBPUSD
Facts: The pair bounced off the lower limit of 1:1 structure at 1.3500 Main trend on the pair remains upward…
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EUR/USD Price Remains above 1.1700 near 50-day EMA
EUR/USD may test the primary resistance at the nine-day EMA of 1.1730 The 14-day Relative Strength Index is near 50,…
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British Pound hovers ahead of UK GDP data, awaits Trump-Xi meeting updates
British Pound hovers ahead of UK GDP data, awaits Trump-Xi meeting updates GBP/USD steadies as traders await preliminary Q1 UK…
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Australian Dollar weakens to near 0.7250, Trump–Xi talks in focus
AUD/USD softens to around 0.7250 in Thursday’s Asian session. US producer prices surprise with the largest rise in four years. …
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Japanese Yen holds steady ahead of Trump–Xi summit, US Retail Sales data
USD/JPY flat lines around 157.85 in Thursday’s early Asian session. US inflation came in hotter than expected, with the PPI…
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Canadian Dollar moves little as traders adopt caution ahead of US-China summit
USD/CAD remains steady as traders await the high-stakes Trump-Xi summit. Trump and Xi may lower tariffs on $30 billion of…
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Offshore Yuan Holds Firm on Trump-Xi Summit
The offshore yuan traded around 6.78 per dollar, holding near its strongest level since February 2023 as investors closely watched…
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