A combination of factors some intraday selling around AUD / USD on Tuesday. Renewed USD demand acts as a headwind for the pair amid the prevailing cautious sentiment. The lack of continuation selling below 0.7250 warrants caution for bears. The pair AUD/USD It has quickly recovered around 25 pips from the daily lows touched at […]
Tag: ApetitoRiesgo
USD / JPY clings to gains above 111.00 level amid stronger dollar
A good pickup in USD demand helps USD / JPY regain positive traction on Tuesday. Optimistic expectations from the Fed and a rebound in US bond yields act as a tailwind for the USD. The prevailing cautious sentiment could benefit the safe haven JPY and limit the pair’s rally. The pair USD/JPY moves higher during […]
GBP / USD rises to multi-day highs, trading around 1.3600
GBP / USD gained positive traction for the third consecutive session on Monday. A modest USD weakness turned out to be a key factor that propelled the pair higher. A combination of factors should help limit USD losses and put a cap on the upside. The pair GBP/USD it quickly recovered almost 60 pips from […]
AUD / USD flirts with daily lows around 0.7250
AUD / USD is struggling to capitalize on its modest gains to multi-day highs. A combination of factors helps revive demand for the USD and puts pressure on the pair. The market focus now shifts to the RBA’s monetary policy decision on Tuesday. The pair AUD/USD has returned its modest intraday gains and has moved […]
USD / CAD with modest losses around the 1.2620 area, the decline appears limited
The USD / CAD is witnessing some selling for the third day in a row on Monday. A combination of factors should help limit losses and justify bears’ caution. A sustained break below the 1.2600 level is needed to confirm a further downside breakout. The pair USD / CAD remains on the defensive at the […]
GBP / USD Updates Session Highs Near 1.3480 Region, Lacks Tracking
GBP / USD gained some traction on Thursday and recovered some of the losses overnight. The USD extended its consolidated price action and extended some support to the pair. Mixed economic data from the US did little to impress traders or provide a significant boost. The pair GBP/USD it rose throughout the early days of […]
USD / CHF sets new highs in months above 0.9360
USD / CHF advanced for the sixth day in a row on Thursday. He consolidates recent gains and remains strong in the market. The bias seems tilted in favor of more hikes. USD / CHF is trading on a positive bias and has just risen to 0.9361, level highest since April. The strength of the […]
AUD / USD clings to gains just above 0.7200 level, rally appears limited
AUD / USD gains some positive traction on Thursday and breaks a two-day losing streak. Risk appetite triggers some profit-taking around the safe-haven USD and supports the pair. The Fed’s Optimistic Expectationsthey should help limit losses around the USD and limit any further gains on the pair. The pair AUD/USD maintains its upward tone during […]
USD / CAD retraces from weekly highs and moves with modest losses around 1.2720
The USD / CAD sees some selling on Thursday and returns a portion of the previous day’s gains. The emergence of profit taking around the USD appears to be the only factor putting downward pressure. The optimistic expectations from the Fed should help limit any significant declines for the USD and the pair. The pair […]
USD / JPY looks to take advantage of momentum above 112.00 level
USD / JPY consolidates its recent strong gains to the highest level since February 2020. A subdued demand for the USD is the only factor limiting the pair’s gains amid overbought conditions. The Fed’s optimistic expectations and risk appetite support the prospects for a further upward move in the pair. The pair USD/JPY has been […]
