Forex News

Wall Street rebounds on Wednesday. Improved market sentiment keeps gold's upside capped. US Dollar Index stays in the negative territory following mixed data...

The Australian dollar bounced a bit from the 0.72 level during the session on Wednesday, as we continue to bounce around the 0.7250 level. This is a market that looks like it’s...

GBP/USD has posted small gains in the Wednesday session. In North American trade, the pair is trading at 1.2777, down 0.07% on the day. On the release front, the U.K deficit...

Above the 100 hour MA. The NZDUSD fell yesterday and in the Asia-Pacific session, the price fell also below its 200 hour moving average (green line in the chart below). However,...

Tomorrow brings Thanksgiving, and that will usher in lower liquidity across global markets. In this article, I look at a series of price action setups around the US Dollar.

A reversal off technical resistance puts the focus on a break of the weekly range. Here are the targets & invalidation levels that matter on the EUR/USD charts.

Buyers make a play, but can they keep the control? The USDJPY continued the rally started yesterday. Looking at the hourly chart below, the price tested the 100 hour MA in the...

EUR/GBP daily chart EUR/GBP is trading above its 50, 100 and 200-day simple moving averages (SMA). EUR/GBP has been stuck near the 0.8900 figure for the third consecutive...

GBP/USD Exchange Rate Struggles As May Visits EC President Juncker Ahead of Sunday’s Brexit Summit The Pound US Dollar (GBP/USD) exchange rate struggled today, trading at $1.28....

USD/JPY daily chart USD/JPY is challenging the 113.00 figure and the 50 SMA. USD/JPY 4-hour chart USD/JPY is currently trapped between the 113.00 figure and the...

If the dollar has peaked, what do traders want to see? "How much will the dollar fall if the Fed hits the pause button on rate hikes?" Adam asks a key question at the end of his...

Spot lost upside momentum near 1.1430. The greenback approaches 96.50, trades in session lows. US Durable Goods Orders contracted 4.4% MoM in October. EUR/USD has now returned...

Durable goods orders declined 4.4% in the U.S. in October. Wholesale sales in Canada fell for the second straight month. Crude oil loses recovery momentum. After rising to its...

• The pair's intraday corrective slide from 4-1/2 month tops, touched overnight, has been along a short-term descending trend-channel on 15/30-mins charts. • ...

The Canadian dollar has steadied in the Wednesday session, after suffering sharp losses on Tuesday. USD/CAD is trading at 1.3279, down 0.21% on the day. On the release front,...

The US Dollar put in a vigorous bounce yesterday, finding support at a key area on the chart before jumping up to find resistance off of a bearish trend-line.

According to analysts at Westpac, INR still remains much weaker over the year as the past few months have indeed been a bit rocky in India, but recent release of the World...

• The pair reversed an early dip to a session low level of 1.2772 and attempted a fresh move beyond the 1.2800 handle, albeit struggled to make it through 100-period SMA....

Recovering oil prices underpin commodity-linked Loonie and add to the modest downtick.

EUR/USD 4-hour chart EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. EUR/USD is attempting to retest the high made earlier...

Nick Batsford, CEO of Core London is joined by Craig Erlam, Senior Market Analyst at OANDA to discuss the AUDUSD currency pair and give his analysis on the chart. He also talks...

• Renewed US-China trade optimism prompts some fresh buying. • Dismal US economic data adds to the USD weakness and remained supportive. The AUD/USD pair quickly...

The cross fades the initial move beyond 129.00 the figure. The softer tone in the greenback lends support to EUR. The selling bias in the Japanese safe haven After climbing to...

US durable goods orders overview Wednesday's US economic docket highlights the release of durable goods orders data for October. The US Census Bureau is scheduled to release...

Based on the current price at 1.1394, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the downtrending Gann angle at 1.1401.

Cable manages to regain 1.2800 and above so far. Brexit negotiations and PM May’s government stay in centre stage. UK’s Public Sector Net Borrowing expanded more than...

• EU rejects Italy’s revised budget but does little to influence the price action. • Rumours that the Fed might pause in spring 2019 prompt some fresh USD...

According to several political commentators if a leadership challenge to PM May had not emerged by the close of yesterday then the immediate dangers to her job were likely to...

Hi traders, The EUR/AUD is showing a dark cloud cover pattern at the top just below D H3 but above W H5. Bearish divergence has formed and the pair should

There are market rumors of Fed possibly pausing the rate hike cycle as early as in spring 2019. With no official sources confirming, the story should be interpreted with...

The Swedish Krona gives away some gains vs. the shared currency. The daily decline meets support in the 55-hour SMA at 10.3150. The Riksbank published its Financial Stability...

Pound Sterling Euro (GBP/EUR) Exchange Rate Climbs as EU Faces Decision over Italy’s Budget Pound Sterling Euro (GBP/EUR) Exchange Rate Gains as Investors Await EC’s Decision on...

EUR/USD has posted small gains in the Wednesday session, after considerable losses on Tuesday. In the European session, the pair is trading at 1.1411, up 0.37% on the day. In...

• The pair stalled its intraday recovery move and started reversing gains from a resistance marked by 38.2% Fibonacci retracement level of this week's downfall. ...

Pound to Norwegian Krone Exchange Rate Slips from Weekly Best as Oil Prices Edge Higher Despite broad uncertainties about the Brexit process and the stability of the UK government,...