Target Thursdays: USDJPY, Copper & EURCAD-By ForexTime USDJPY sees over 700-pip swing Copper selloff rewards bears EURCAD hits all bearish targets It has been an intense trading week for financial markets. More action could be expected… ...
Japanese yen shows volatility amid speculation of intervention-By RoboForex Analytical Department The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have… ...
Japanese yen hits all-time low as BoJ meeting commences-By RoboForex Analytical Department The USD/JPY pair reached an all-time high on Thursday, touching the 155.50 level. This development comes as the Bank of Japan (BoJ) starts its two-day monetary policy… ...
USDJPY: On intervention watch-By ForexTime Yen weakens to multi-year lows Markets on intervention watch BoJ decision & US data in focus Major resistance at 161.8 golden Fib levels Key levels of interest at 155.00,… ...
Euro gains against the dollar amid mixed economic signals-By RoboForex Analytical Department The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US… ...
Australian dollar rises on strong economic indicators-By RoboForex Analytical Department The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period… ...
Speculators strongly boosting US Dollar bets vs Major Currencies-By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated… ...
British Pound shows signs of recovery amid favourable inflation data-By RoboForex Analytical Department The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with GBP/USD stabilising around the 1.2470 mark on Thursday. This rebound is… ...
EURGBP: Slams into support on hot UK inflation-By ForexTime Pound boosted by sticky CPI data EURGBP drops over 20 pips Eurozone CPI match initial estimates Watch out for BoE Bailey's speech Key levels at 50-day SMA, 0.8530… ...
NZD hits five-month low against strong US dollar-By RoboForex Analytical Department The New Zealand dollar has plummeted to a five-month low, with the NZD/USD pair touching the 0.5890 mark. This decline was triggered by the release of robust… ...
US dollar exhibits remarkable strength amid global tensions-By RoboForex Analytical Department The EUR/USD pair has experienced a notable decline, currently stabilising around 1.0648. Last week, the pair recorded its most significant weekly gain since 2022, fuelled by the… ...
Speculators push Japanese Yen bearish bets to highest since 2007-By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated… ...
Australian dollar struggles amid robust US economic data-By RoboForex Analytical Department The AUD/USD pair remains under pressure, hovering around 0.6528 on Friday. Earlier this week, the Australian dollar faced significant challenges, with a sharp decline against the USD.… ...
US Dollar strengthens following high inflation data-By RoboForex Analytical Department The EUR/USD pair has experienced a significant decline, stabilising around 1.0745 by Thursday. This movement follows the US releasing inflation data that exceeded expectations, underscoring the ongoing… ...
NZD is G10’s best-performer so far today. But will it last?-By ForexTime Markets boosted the “kiwi” after “hawkish” RBNZ signals More action expected with US CPI, FOMC minutes to be released Softer US inflation may boost NZDUSD by further 700… ...
EUR/USD holds steady ahead of key economic updates-By RoboForex Analytical Department The EUR/USD pair is maintaining a neutral stance, trading around 1.0851 on Wednesday, as the market anticipates crucial updates, including the US inflation data for March and… ...
Yen weakens amid intervention concerns and interest rate differentials-By RoboForex Analytical Department The Japanese yen is experiencing a notable decline against the US dollar, with the USD/JPY pair currently hovering around 151.88 on Tuesday. Despite the US dollar's instability,… ...
Week Ahead: EURCAD ready to breakout?-By ForexTime Big week for minor currency pair BoC + ECB rate decisions in focus EURCAD trapped within 300 pip range Prices gaining bullish momentum on D1 Bloomberg model: 76%… ...
AUD takes a pause after rally-By RoboForex Analytical Department After three days of significant gains, the Australian dollar is retreating against its American counterpart, with the AUD/USD pair falling to 0.6573. The US dollar has rebounded… ...
EUR/USD surges following Powell’s remarks on interest rates-By RoboForex Analytical Department The EUR/USD pair moved upward to 1.0844 on Thursday, marking an unexpected shift following a period of strong US dollar performance. This change in dynamics can be… ...
Target Thursdays: EURJPY, USDCHF & XAUUSD reach targets!-By ForexTime Check out these potential profits that you may have missed from our Daily Market Analysis. EURJPY bulls take home 84 pips USDCHF secures all bullish targets XAUUSD hits… ...
EURJPY: Bulls breach falling wedge pattern-By ForexTime EURJPY breaks pattern resistance Bullish signal triggered above 161.8 level Watch out for Eurozone PMI’s & PPI Potential price target at 164.208 Bloomberg Model: 80% chance EURJPY –… ...
The US Dollar strengthens following positive manufacturing data-By RoboForex Analytical Department The EUR/USD pair has dipped to its lowest since 15 February this year following the release of encouraging data regarding the US manufacturing sector's activity on Monday.… ...
GBP Consolidates Amid Concerns Over Economic Growth and Wage Trends-By RoboForex Analytical Department The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses… ...
EURSEK: Hits fresh 2024 high at 200-day SMA-By ForexTime EURSEK hits highest level in 2024 Riksbank signals future rate cuts Krona ↓ Vs. most G10 MTD Prices bullish on D1 but RSI overbought Moment of truth at… ...
Australian Dollar Slides to Three-Week Low-By RoboForex Analytical Department The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index… ...
Japanese Yen Awaits Intervention Amid Weakness-By RoboForex Analytical Department The USD/JPY pair stabilised around 151.35 by Tuesday, not far from its recent peaks, as the weakness of the Japanese yen has prompted verbal interventions from Japanese… ...
FX Speculators drop Australian Dollar bets to new record low-By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated… ...
Week Ahead: EURAUD on breakout watch…-By ForexTime EURAUD waits for directional spark Prices rangebound on M1 chart Incoming data could rock minor currency pair Technical indicators favour bulls Bloomberg model: 77% chance EURAUD – (1.64508… ...
GBP/USD Faces Sharp Decline Amid BoE’s Monetary Policy Stance-By RoboForex Analytical Department As of Friday, the GBP/USD pair hovered around 1.2642, following a substantial decline. The Bank of England (BoE) has yet to find reasons to lower the interest… ...
EUR/USD Plunges Following Fed’s Decision on Interest Rate Cuts-By RoboForex Analytical Department The EUR/USD pair soared to a weekly high of 1.0933 on Thursday following the Federal Reserve System's announcement of three interest rate cuts planned for 2024. These… ...
Japanese Yen (USD/JPY) Hits Four-Month Low-By RoboForex Analytical Department The USD/JPY pair surged to a four-month high as investors recalibrated their expectations for the Bank of Japan's future actions. The consensus is now that the BoJ's… ...
Trade Of The Week: EURCHF to challenge major resistance?-By ForexTime EURCHF bullish on D1/W1 charts Big week for minor currency Watch out for EU data + SNB decision Key level of interest at 0.9640 Bloomberg model: 76% chance… ...
AUD/USD Stabilizes Amid Chinese Economic Data and US Inflation Concerns-By RoboForex Analytical Department The Australian dollar has momentarily halted its downward trajectory against the US dollar, stabilizing around the 0.6565 mark. With a lack of significant domestic data from… ...
Yen Weakens Despite Japan’s Deflation Exit-By RoboForex Analytical Department The USD/JPY pair is rising, reaching 148.28 on Friday. The US dollar is strengthening across the market following the release of US retail sales data. This information… ...
Canadian Dollar Seeks Opportunities for Growth-By RoboForex Analytical Department The USDCAD pair remains within a sideways range, with the Canadian dollar occasionally showing a tendency to strengthen. Recent DES data revealed that Canadian households have become… ...
US Dollar Strengthens Amid Inflation Data-By RoboForex Analytical Department As of Wednesday, the EUR/USD pair is hovering near 1.0925 after experiencing a volatile session, with expectations for a more subdued week ahead. Recent statistical data highlighted… ...
Japanese Yen Surges to Monthly High as Economy Shows Signs of Growth-By RoboForex Analytical Department The Japanese yen strengthened against the US dollar on Monday, reaching a month-long peak following the release of statistics indicating Japan's return to economic growth in… ...
Trade of the Week: Yen bulls to clap back?-By ForexTime JPY is G10's best-performer today, also month-to-date Yen climbing on creeping bets for imminent Bank of Japan hike Tuesday's US inflation release will feed market's main obsession Friday's… ...
Week Ahead: USDInd primed for data heavy week-By ForexTime Data packed week could rock USD Watch out for US CPI report USDInd bearish on D1 but RSI oversold Key level of interest at 102.80 Even as markets… ...
EUR/USD Shows Strength Amid Anticipation of Key Events-By RoboForex Analytical Department The EUR/USD pair is exhibiting resilience, navigating around the 1.0850 mark on Tuesday, following a sequence of rises in the previous two sessions. The current market… ...
Trade Of The Week: EURCAD knocks on major resistance-By ForexTime BoC/ECB combo could rattle EURCAD Both central banks expected to hold rates Keep eye on updated ECB economic projections EURCAD bullish on D1 but RSI overbought Key levels… ...
Target Thursdays: USDJPY, EURNZD & Silver reach targets!-By ForexTime Check out these potential profits that you may have missed from our Daily Market Analysis. USDJPY bears bag over 100 pips EURNZD rallies almost 400 pips Silver down… ...
EUR/USD Shows Resilience Amid Risk Appetite-By RoboForex Analytical Department The EUR/USD pair is trading close to 1.0821, demonstrating a strong stance in the current market environment. Investors are leaning towards riskier assets, buoyed by the anticipation… ...
Trade Of The Week: EURNZD to keep above key support?-By ForexTime EURNZD rebounds from key support RBNZ decision + EU data in focus Trend bearish on D1 but bulls present Key level of interest at 50-day SMA Bloomberg model:… ...