Forex
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Trade of The Day – EUR/USD
Facts EURUSD (D1 timeframe): the pair has fallen below the 1.150 level and remains under pressure due to dollar strength.…
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EUR/USD Under Renewed Selling and Central Bank Narritives
EURUSD is currently under renewed downward pressure, approaching the 1.1450–1.1500 area. A stronger US dollar and rising geopolitical uncertainty are…
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Pound Steady Ahead of BoE Decision
The British pound held near $1.327 on Thursday as investors balanced escalating energy costs against weaker-than-expected UK wage growth, just…
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Chart of The Day – EUR/USD
EUR/USD is posting a modest pullback today, following a sharp move higher from around 1.135 to 1.152. Today may prove…
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NZD/USD trades above mid-0.5800s but remains capped ahead of FOMC decision
NZD/USD attracts some buyers during the Asian session, though it lacks follow-through. A positive risk tone keeps the USD bulls…
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Canadian Dollar holds steady ahead of Fed, BoC policy decisions
USD/CAD steadies as traders await Powell’s guidance on oil surge impact on Fed policy outlook. Federal Reserve expected to hold…
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GBP remains flat as traders adopt caution ahead of Fed decision
GBP/USD holds steady as investors stay cautious ahead of the Fed’s rate decision on Wednesday. Traders await Powell’s guidance on…
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Japanese Yen flattens against US Dollar around 159.00 in countdown to Fed’s policy
The Japanese Yen trades calmly near 159.00 against the US Dollar ahead of the Fed’s policy announcement. Both the Fed…
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EUR/JPY Price – Tests upper descending triangle boundary near 183.50
EUR/JPY tests the immediate barrier around the upper descending triangle boundary at 183.40. The 14-day Relative Strength Index near 50…
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AUD/JPY Price – Positive bias prevails, eyes resistance above 113.50
AUD/JPY trades in positive territory near 113.00 in Wednesday’s early European session. The constructive outlook of the cross remains intact…
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