According to the currency strategists of UOB Group, el EUR/USD I could go back further and retest the area 1.1650 in the short term. 24 hour perspective: “We highlighted yesterday that there was a possibility of the EUR going down, but any weakness was likely to be limited to a test of 1.1705. We added […]
Tag: Main Pairs
EUR / USD stabilizes near 1.1700, appears to post the lowest daily close in two weeks
The EUR / USD fell below 1.1700 during the American session. Risk aversion helped the USD pick up steam on Thursday. Brexit uncertainty and coronavirus fears weigh on European currencies. After passing the Asian session close to 1.1750, the pair EUR/USD it lost traction in the second half of the day and fell to its […]
GBP / USD returns above 1.2900 after hitting a new daily low
Pound stable ahead of Brexit critical Friday. The US dollar maintains gains amid risk aversion. He GBP/USD it fell further and bottomed at 1.2889, reaching a new daily low. The pound then rallied to 1.2935 as the rally in the US dollar lost momentum across the board. Johnson will decide on Friday The pound is […]
AUD / USD falls to fresh 18-day lows near 0.7050
AUD / USD was down more than 1% on Thursday. The RBA’s dovish comments continue to weigh on the AUD. The US dollar index advances towards 94.00 in the American session. The pair AUD/USD it fell sharply during Asian trading hours on Thursday and extended its daily decline to a fresh 18-day low of 0.7056 […]
EUR / USD falls to two-week lows below 1.1700
Dollar clings to earnings supported by risk aversion. The technical outlook for EUR / USD turns more bearish. He EUR / USD returned to bearish path on Thursday after pause on Wednesday. It is trading around 1.1700, after falling to 1.1688, the lowest level since September 30. The fall of the pair occurs before a […]
The US dollar index rises and is approaching 94.00
DXY gains more traction and is trading near 94.00. Confidence in risk rules global markets and underpins the dollar. Initial US claims increased more than expected by 898,000 per week. The dollar, in terms of US dollar index (DXY), takes extra momentum and manages to test the key 94.00 barrier on Thursday. US dollar index […]
GBP / USD extends decline and approaches 1.2900 as dollar rally
Pound sterling under the spotlight of traders in the context of the European summit. The dollar rose before a fall in the stock markets throughout the world. He GBP / USD is falling on Thursday, erasing Wednesday’s gains. The price has just dropped to 1.2908, and is trading at 1.2920, under bearish pressure and aiming […]
USD / CAD Price Analysis: Rises to New Weekly Highs Above 1.3200 Level
USD / CAD gains traction for the third day in a row on Thursday. Mixed technical indicators warrant caution before opening new bullish positions. A sustained weakness below the 1.3170 support will negate any positive bias. The USD / CAD pair has extended its recent rebound from the 1.3100 level, at a month-long lows, and […]
NZD / USD Price Analysis: Falls to new weekly lows below 0.6600 level
A strong pickup in USD demand puts heavy pressure on the NZD / USD. A sustained break below the 200 hourly SMA has been considered a key trigger for bears. The pair now looks vulnerable to retesting the monthly lows, around 0.6550. The NZD / USD pair witnessed strong selling on Thursday and extended the […]
AUD / USD plummets towards 0.7050 on expectation of rate cut in Australia and dollar rise
AUD / USD has the most significant drop in weeks. The dollar gains momentum in the market due to a sharp fall in the stock markets. He AUD / USD extended losses in recent hours and fell to 0.7066, reaching the lowest level since September 28. It is trading 0.7085, trying to break away from […]