Daily Pivots: (S1) 1.3486; (P) 1.3508; (R1) 1.3537; More…. USD/CAD’s recovery from 1.3405 extends higher today but stays below 1.3563 minor resistance. Intraday bias remains on neutral first. On the downside, break of 1.3405 will Read more…
Daily Pivots: (S1) 163.63; (P) 164.00; (R1) 164.43; More… GBP/JPY recovers higher today but stays below 166.38 resistance. Intraday bias remains neutral at this point. On the upside, break of 166.38, and sustained trading above Read more…
Markets await Australian confidence indicators AUD/USD is flat on Monday, as Australia is closed for a bank holiday. There are no Australian releases and no tier-1 events in the US today, which means it should Read more…
This week promises to be eventful for Dollar, with key data releases including CPI, PPI, retail sales, and University of Michigan Consumer Sentiment. Additionally, Fed will publish minutes from March FOMC meeting, and numerous policymakers Read more…
On the hourly chart at FXOpen, Gold price started a downside correction from the $2,030 zone against the US Dollar. The price fell below the $2,015 level to move into a short-term bearish zone. There Read more…
On the hourly chart at FXOpen, Gold price started a downside correction from the $2,030 zone against the US Dollar. The price fell below the $2,015 level to move into a short-term bearish zone. There Read more…
DXY: Looking at the DXY chart, the overall momentum of the chart is bullish, indicating a potential for prices to rise in the near future. The first potential scenario for price is a bullish continuation Read more…
DXY: Looking at the DXY chart, the overall momentum of the chart is bullish, indicating a potential for prices to rise in the near future. The first potential scenario for price is a bullish continuation Read more…
DXY: Looking at the DXY chart, the overall momentum of the chart is bullish, indicating a potential for prices to rise in the near future. The first potential scenario for price is a bullish continuation Read more…
Key Highlights EUR/USD started a fresh increase above the 1.0880 resistance. A key bullish trend line is forming with support near 1.0860 on the 4-hour chart. GBP/USD tested the 1.2500 resistance before it corrected lower. Read more…