USD / CAD is trading in negative territory on Friday. WTI is holding onto gains above $ 45 after Thursday’s correction. The US Dollar Index struggles to find direction ahead of Wall Street’s opening bell. The pair USD / CAD It posted small daily gains on Thursday but started to decline on Friday as rising […]
Tag: Foreign exchange
GBP / USD extends downward correction and approaches 1.3300
The pound under pressure from the Brexit no-deal. GBP / USD falls for the second day, continues to correct after failing to 1.3400. The GBP / USD extended the pullback having approached 1.3400 and is now targeting 1.3300. The price reached the lowest level in two days at 1.3310 and remains under pressure, due to […]
AUD / USD modestly retreats from multi-week highs, clinging to gains around 0.7370
AUD / USD rose to its highest level since early September at 0.7387. The US Dollar Index remains calm near 92.00 on Friday. Wall Street appears to open modestly higher on a shorter trading day. The pair AUD/USD It advanced to its highest level in 12 weeks at 0.7387 on Friday, but struggled to preserve […]
More hikes now point to 1.1965
EUR / USD remains positive above 1.19 on Friday. More possible raises are seen, with 1.1965 in sight. EUR / USD is trading near recent two-month highs in the 1.1940 region at the close of the week. The continuation of the bull run should put the recent peak at 1.1965 (Aug 18 high) back on […]
With room for a drop to 91.74 in the short term
The DXY continues to flirt with the 8.0 month support line around 92.00. Immediately to the downside, the lows of this year appear at 91.74. The US Dollar Index (DXY) remains unable to regain ground and remains well on the defensive around 92.00. The outlook for the index remains negative and is on the horizon […]
Ups face solid resistance around 124.50
EUR / JPY upside is hit hard at 124.50. In case of going bankrupt, the next target is seen at 125.00. The EUR / JPY recovery appears to have stalled at the 124.50 region so far this week, giving way to the correction. In case of exceeding that area, a visit to the monthly peaks […]
EUR / GBP surpasses 0.8950, maximum in a week while the Brexit agreement does not arrive
Libra under pressure due to the no trade agreement between the United Kingdom and the European Union. EUR / GBP rises on the week but does not cut downward bias. The EUR / GBP accelerated the bullish run on Friday driven by a decline in the pound and the stability of the euro. The price […]
EUR / USD holds firm above 1.1900, heading for the highest weekly close in two years
Euro stands out among European currencies. The dollar consolidates weekly losses, on a reduced-day Friday. The EUR / USD is trading within a small range on Friday, on a low volume, limited travel day due to the US holiday. The pair’s price rose to 1.1933 and then fell back to find support at 1.1915. It […]
GBP / USD falls to 1.3320 region on renewed fears of a no-deal Brexit
GBP / USD has fallen sharply following the latest news on trade talks between the UK and the EU. British Prime Minister Johnson says substantial and important differences remain. The US Dollar DXY Index remains negative below 92.00. The pair GBP/USD is under renewed downward pressure and has fallen to a daily low of 1.3317 […]
NZD / USD rises to the highest level since June 2018 around the 0.7030 region
The NZD / USD captures new offers on Friday and is supported by a weaker USD. Optimism over the COVID-19 vaccine weighs on the safe haven USD and benefits the NZD. The overbought conditions on the daily chart warrant some caution for the bulls. The pair NZD / USD is spreading your intraday earnings and […]
