Forex
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EUR/JPY Price – Eyes 186.00 amid constructive bullish bias
EUR/JPY could test the upper boundary of a symmetrical triangle around 186.00. The 14-day Relative Strength Index at 57 indicates…
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AUD/JPY Price – Softens below 112.50, bias turns mildly bearish
AUD/JPY softens to near 112.20 in Wednesday’s early European session. The cross maintains a mildly bearish bias in the near…
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GBP/USD Price – Slides below 1.3250 after failing to break through 23.6% Fibo.
GBP/USD attracts fresh sellers on Wednesday as traders await speeches from central bank chiefs. The broader technical setup favors bearish…
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New Zealand Dollar Languishes Near 7-Month Low
The New Zealand dollar slipped to $0.566 on the first trading day of July, hovering near its lowest level in…
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Indian Rupee Extends Losses
The Indian rupee hovered around 94.7 per dollar, extending its recent losses as rising US Treasury yields strengthened the greenback…
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South Korean Won Weakens Toward 17-Year Low
The South Korean won weakened to around 1,557 per dollar, approaching its weakest level since March 2009 near 1,560 touched…
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Offshore Yuan Falls on China Growth Concerns
The offshore yuan weakened to around 6.79 per dollar on Monday, reversing gains from the previous session as renewed concerns…
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Trade of The Day – GBP/AUD
Facts: GBPAUD is trading above the 100-period moving average form D1 interval The pair broke above the key resistance at…
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USD/JPY has broken through a historic barrier — the yen is at its weakest since 1986
The Japanese yen reached 162.27 JPY per dollar, its lowest level in more than four decades. The USD/JPY pair thus…
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Technical Analysis – EUR/USD
Since mid-April, the EUR/USD pair has been trending downward. Recently, new lows were set and the March lows were broken,…
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