Next week in FX – key themes

An excerpt from ANZ note on the week ahead, 'key themes': Risk markets continue to bounce, alongside data momentum, which is now stretched relative to...

July 2, 2020 : GBP/USD Intraday technical analysis and trade recommendations.

Recently, Bullish breakout above 1.2265 has enhanced many bullish movements up to the price levels of 1.2520-1.2590 where temporary bearish rejection as well as...

July 1, 2020 : EUR/USD Intraday technical analysis and trade recommendations.

On March 20, the EURUSD pair has expressed remarkable bullish recovery around the newly-established bottom around 1.0650. Shortly after, a sideway consolidation range was established...

China says that US have "gone too far" on sanctions

China continues to voice their dissatisfaction over the US sanctioning Chinese officials on the Hong Kong issue - Says Beijing, Hong Kong will reciprocate if...

Short-term technical analysis of AUDUSD

AUDUSD remains inside the medium-term bullish channel and inside the trading range since the start of June. Price so far respects medium-term support and...

Short-term technical analysis of EURUSD for June 29, 2020.

EURUSD started trading this new week where it left us on Friday. No real direction today as price makes no progress. Short-term trend remains...

German court ruling that its up to Bundesbank to decide if it participates in...

German court remarks published over the weekend, this via Reuters  - decision on whether Germany should pull out of the European Central Bank's bond-buying programme...

Dollar prepares for June Non-Farm Payroll

The dollar index completes the week in positive territory. The demand for the greenback as a protective asset has grown in recent days due...

GBP/USD facing bearish pressure, potential for further drop

Trading Recommendation Entry: 1.23546 Reason for Entry: Our horizontal overlap support, 100% fibonacci extension and 61.8% fibonacci retracement Take Profit: 1.22330 Reason for Take Profit: Horizontal swing low...

Major indices open higher. New record highs for the NASDAQ

The major indices come off the highs from premarket levels The major indices are opening higher with the NASDAQ trading to a new record high. However, the indices...
USD - United States Dollar