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USD
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EUR/USD Gathers strength above 1.0800, bullish bias remains
EUR/USD gathers strength to near 1.0815 in Monday’s Asian session. The constructive view of the pair prevails above the key…
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AUD receives support from cautious RBA, China’s stimulus measures
The Australian Dollar strengthens after the release of upbeat Judo Bank Purchasing Managers Index data on Monday. Australia’s Judo Bank…
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USD/JPY remain depressed amid positive risk tone; hawkish BoJ expectations could limit losses
The Japanese Yen drifts lower against the USD for the third successive day on Monday. Weaker Japanese PMIs and a…
Read More » USD/INR softens ahead of Indian PMI releases
The Indian Rupee gains ground in Monday’s Asian session. Fresh foreign and USD inflows support the INR. The preliminary readings…
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GBP/USD slips as trader war fears, central bank uncertainty weigh
GBP/USD falls from a daily high of 1.2969 amid a risk-off mood and persistent US Dollar strength. BoE and Fed…
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EUR/USD extends losses but 100-200 SMA crossover offers support
EUR/USD was seen trading around the 1.0820 area after the European session, falling for a third consecutive day. Despite shedding…
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USD continues recovering ahead of the weekend
The US Dollar Index rises for the third session in a row. Geopolitical risks keep the Greenback in demand. Fed…
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Mexican Peso struggles as markets react to weak data, trade anxiety
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending…
Read More » NZD/USD slips as moving average cluster offers key support
NZD/USD was seen around the 0.5730 zone, posting modest daily losses ahead of the Asian session. The pair is testing…
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Trade of The Day – EUR/USD
Facts: MACD trends lower after bearish crossover with bearish divergence occurring on RSI Potential double top formation has occurred which…
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