Dec 102019
 
Aussie Faces Bumpy Ride in 2020 as Trade, Rates Split Analysts

Australia's dollar is set for a turbulent 2020 as uncertainty around global growth, trade and interest rates divide analysts' forecasts for the currency.
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FOMC preview – What FX Traders Can Expect from Powell

The Australian and Canadian dollars also traded lower while the New Zealand dollar held onto its gains. All 3 currencies are consolidating as they …
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EMERGING MARKETS-Stocks, currencies flat amid US-China tariff jitters

EMERGING MARKETS-Stocks, currencies flat amid U.S.-China tariff jitters … on emerging market FX performance 2019, see http://tmsnrt.rs/2egbfVh.
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AUD/USD Forex Signal

AUDUSD: Support around 0.6800 threatens to break down. Yesterday's signals were not triggered, as the price did not reach the support level at …
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Dec 082019
 
EURUSD tumbles to 100 day moving average and bounces

The price correction higher has taken the pair back up to the 100 hour … analysis charting tips, forex analysis, and currency pair trading tutorials.
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EUR/JPY Set For Breakout

The single European currency appreciated by 68 basis points against the Japanese Yen on Wednesday. The currency pair breached the 50-, 100– …
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AUD/USD Tests Support Cluster

The Australian Dollar appreciated by 41 basis points against the US Dollar on Wednesday. The currency pair was pressured up by a support cluster …
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AUD/USD Down Under, Crude Oil Prices Choppy on OPEC – US Market Open

Crude Oil: As to be expected, it has been a volatile session thus far for crude oil futures amid the bi-annual OPEC meeting. Brent crude futures had hit …
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Dec 072019
 
USD/JPY Pressured By Moving Averages

Yesterday, the USD/JPY currency pair reversed south from the resistance level formed by the weekly S1 at 109.90. During Friday morning, the pair …
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Sterling Maintains Gains On Prospects Of Johnson Re-Election

Although the currency pair has been posting strong gains, there is scope for a pullback. This will lead to a short term correction. For the moment, the …
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British Pound Trading A Tad Higher In The Morning Session

In the Asian session, at GMT0400, the pair is trading at 1.3161, with the … The currency pair is trading above its 20 Hr and 50 Hr moving averages.
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FOREX-Dollar advances after robust US jobs report, supports Fed on hold

said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. “I still think the U.S. economy is weakening and I don't think …
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Dec 052019
 
Dollar Edges Lower Amid Mixed Messages on Trade

Investing.com – The dollar edged lower against a basket of its rivals on … Currency traders are turning their attention to the closely watched U.S. …
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Global Rate Cut Cycle Looks Finished for Now – Central Bank Watch

Global Rate Cut Cycle Looks Finished for Now – Central Bank Watch …. to help you improve trading performance, and even one for those who are new to FX trading. — Written by Christopher Vecchio, CFA, Senior Currency Strategist.
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Currencies: EUR/USD Testing 1.11. Pre-Election Short-Squeeze Propels Sterling

EUR/USD tested the 1.11 resistance, but no sustained break occurred. … Developing news on the US-China trade talks still dominated global (FX) …
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CANADA FX DEBT-C$ climbs to 4-week high as Bank of Canada cools rate cut bets

6 at 1.3158 * Canada's trade deficit narrows to C$1.1 billion in October … Currency analysts polled by Reuters said the Canadian dollar will add to this …
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Dec 042019
 
Forexlive European FX News 7 Nov- Risk on and dovish dissent at the BoE

I was looking at the AUDJPY as my currency pair of choice for buyers and priced moved up into obvious near term resistance where it saw some profit …
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GBP/USD Could Go Downwards

It is unlikely that some upside potential could prevail in the market, as the currency pair is pressured by the 55-, 100- and 200-hour SMAs, located in …
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Nigerian Central Bank injects $323 million, ¥18 million into FX market

On Friday, the 29th of November 2019, the Central Bank of Nigeria, had injected a sum of $323 million and Â¥17.9 million in to its currency market in a …
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6 Times Digital Currency Made Headlines in 2019

South Korean exchange platform Bithumb once again made it to the headlines in 2019, after discovering a cyber-attack for the third time in the past …
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Dec 032019
 
Switzerland's Consumer Price Index Dropped In October

For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9854 on Friday. On the macro front, Switzerland's SVME …
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US-China trade war is 'unresolvable,' strategist says

Investors look set to make money when Washington and Beijing sign their “phase one” trade deal — but in the long term, the Sino-U.S. trade war is …
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SBI FXTRADE to extend the Forex instruments portfolio

SBI FXTRADE Co., Ltd., a Forex trading branch of the Japanese financial services company SBI Holdings Inc. (TYO:8473), today announced that it will …
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AUD/NZD: Will Resistance Zone Force Breakdown?

Despite the better-than-expected trade data out of Australia, this currency pair saw bullish momentum depressed further inside its resistance zone …
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Dec 022019
 
Forex Today: Trump's trade pessimism pressures markets, Spain stuck again, UK GDP set to rise

Trade: The market mood is somewhat downbeat amid pessimism related to trade talks. President Donald Trump has yet to make a decision on a …
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FX market prepares for the marathon | Daily Outlook

The lull in the currency market ends in a slightly different way. It is more like the beginning of a marathon with a gradual gain in speed and an intense …
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USD/JPY Could Go Downwards

During previous trading session, the USD/JPY currency pair tried to surpass the support level formed by the monthly PP at 107.94. During Monday …
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EUR/JPY Tests 61.80% Fibonacci Level

The single European currency appreciated about 58 basis points against the Japanese Yen on Friday. The currency pair breached the 50.00% …
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Dec 012019
 
AUD/NZD 4H Chart: Decline Likely To Continue

The Australian Dollar has been appreciating against the New Zealand Dollar since October 24. The currency pair surged about 1.44% in value during …
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Moody's relief boosts S. Africa, emerging FX at 3-month high

Moody's relief boosts S. Africa, emerging FX at 3-month high … prospects of a U.S-China trade deal sent emerging market currencies to 3-month highs. … a downgrade would exclude local currency SAGB bonds from the World …
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Weekly COT Report: Traders Are Their Least Bearish On GBP In 5 Months

Bullish exposure on the USD was $12.6 billion ($15.9 against G10) Traders are their least bearish on GBP futures since early June GBP saw the …
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When are the Australian Retail Sales/ Inflation and how could they affect AUD/USD?

These are the nominal readings; we will also see the inflation-adjusted Q3 estimates, with consensus 0.3%qtr, Westpac on 0.4%.” The AUD/USD pair …
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Nov 302019
 
EMERGING MARKETS currencies are falling compared to the dollar

MSCI's emerging-market currency index fell 0.1 percent, while the dollar reached its strongest level in two weeks earlier on Tuesday against Japan's …
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Mexican Peso Weakens As USMCA Remains Incomplete

The USD/MXN currency pair rose 0.42% to 19.5529, from an opening of 19.4711, at 18:27 GMT on Friday. The CAD/MXN advanced 0.42% to 14.7210 …
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Market update: Trade optimism gives New Zealand dollar an early boost

We're off and running in another week of FX trading. … The Australian and New Zealand dollar both paced early gains on more optimistic talk on trade …
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Pound-New Zealand Dollar Rate Week Ahead Forecast: Correcting Back Within Broader Uptrend

The Pound-to-New Zealand Dollar rate is trading at around 2.004 at the … currency is losing ground against the likes of the New Zealand Dollar and …
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Nov 282019
 
AUD/USD Could Break Channel

The Australian Dollar has depreciated about 0.75% in value against the US Dollar since Friday's trading session. The currency pair tested the lower …
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GLOBAL MARKETS-Asian shares a sea of red as HK chaos hits sentiment

U.S. bond markets are closed on Monday, but currency and equity markets will open. In early European trades, the pan-region Euro Stoxx 50 futures …
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FX Daily: Leap of faith into activity currencies

After another set of positive meetings, this time between Wilbur Ross and Li Keqiang in Bangkok, the market is gaining confidence that Phase One of a …
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GBP/USD depressed as below two robust resistance lines— Confluence Detector

How is the currency pair positioned on the charts? The Technical Confluences Indicator is showing that GBP/USD is capped by robust resistance at …
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