Forex
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EUR/USD Price Forecast: Tests nine-day support near 1.1700
EUR/USD may rise toward a two-month high of 1.1804 amid prevailing bullish bias. The 14-day Relative Strength Index at 62.11…
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Australian Dollar Set for Weekly Decline
The Australian dollar held steady around $0.661, hovering two-week lows and headed for its first weekly decline in a month,…
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Offshore Yuan Weakens, Still Set for 4th Weekly Gain
The offshore yuan weakened to around 7.03 per dollar, retreating from an over one-year high hit in the previous session,…
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Chart of The Day – NZD/USD
New Zealand’s economy recorded a stronger-than-expected rebound in Q3, with production-based GDP rising 1.1% q/q and expenditure-based GDP increasing 1.3%…
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Australian Dollar dips as US Dollar strengthens on rate outlook
The Australian Dollar extends losses despite growing odds of an RBA rate hike as early as February. Australia’s Consumer Inflation…
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USD/CHF consolidates around 0.7950 as investors await US inflation data
USD/CHF trades flat around 0.7950 ahead of the US CPI data for November. US President Trump stated that the new…
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US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data
USD struggles to attract any follow-through buying amid dovish Fed expectations. Traders also seem reluctant to place aggressive bets ahead…
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USD/CAD holds near 1.3800 amid market caution ahead of US CPI data
USD/CAD maintains its position as traders adopt caution ahead of the delayed US Consumer Price Index report. Fed’s Waller said…
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EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD may approach the two-month high of 1.1804. The 14-day Relative Strength Index stands at 67.47, indicating strong upside momentum.…
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AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA
AUD/JPY drifts lower to near 102.70 in Thursday’s early European session. The cross keeps the bullish vibe above the key…
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