GBP / USD drew some buying on the dips on Thursday and regained lost ground early. The technical setup favors bullish trading and supports the prospects for additional earnings. A sustained break below the 1.3400 round level is needed to negate the positive bias. The pair GBP/USD It recovered intraday losses and was last seen […]
Tag: Main Pairs
USD / CAD declines to two-week low, challenges ascending channel support near 1.2770 zone
USD / CAD was down for the second day in a row and fell to a two-week low. The USD struggled to preserve its intraday gains and acted as a headwind for the pair. The rising channel support could help limit losses amid falling crude prices. The pair USD / CAD it fell in the […]
AUD / USD strengthens and rises to test weekly highs near 0.7275
The dollar loses strength in the preview of the American session. AUD / USD continues to rise, with averages of 55 and 100 in its sights. In short, data requests for unemployment benefits from the US and then the Chicago PMI. The AUD / USD is rising on Thursday for the second session in a […]
GBP / USD retreats from monthly highs towards the 1.3450 zone
GBP / USD is rejected around 1.3500 / 05 and sees a pullback on Thursday. Resurgent demand for USD put pressure amid the worsening COVID-19 situation in the UK. Britain reported a record number of cases amid an alarming spread of the Omicron variant. GBP / USD rose to a month-long high at 1.3505 at […]
Dollar weakness remains short-lived ahead of the New Years holidays
This is what you need to know to trade today Thursday, December 30: The dollar faced selling pressure in the second half of the day on Wednesday, but managed to limit its losses early on Thursday, with the US dollar index staying in positive territory above 96.00. In the absence of high-level data releases, improving […]
USD / CAD Stable Above 1.2800 Amid Falling Oil Prices
USD / CAD trimmed some of Wednesday’s losses, down 0.05%. Concerns about Covid-19 are eased as studies have shown that it leads to milder symptoms that could be treated outside of the hospital. USD / CAD Price Forecast: Slopes up whenever DMAs reside below price. The USD / CAD it plummets during the American session, […]
EUR / USD jumps to four-week highs above 1.1360 as US dollar falls
The US dollar falls across the board, DXY falls below 96.00, the lowest in four weeks. US yields at monthly highs are not helping the dollar. EUR / USD tests levels above the upper limit of the current range. The pair EUR/USD It gained traction after the start of the US session due to a […]
EUR / USD bounces from weekly lows and rises above 1.1300
The dollar without significant changes on Wednesday, due to the predominance of limited routes. The euro remains bearish against the dollar and the pound. EUR / USD remains in range, with a very short-term negative bias. The EUR / USD is trading just above 1.1300, having previously dipped to 1.1272, the lowest level in a […]
GBP / USD finds support above 1.3400 and bounces erasing losses
The dollar presents mixed results on Wednesday, in another day of limited volume. GBP / USD still has a bullish bias, but the momentum is winding down. The GBP / USD fell to 1.3406 marking a new low for the day, and then rebounded climbing to 1.3440. It is trading at the 1.3430 zone, unchanged […]
USD / CAD marks daily highs near 1.2835
The dollar rises modestly in the market, on another low volume session. USD / CAD continues with lateral movements, with no clear direction. Stocks and oil show signs of lack of strength to continue with the rises. The USD / CAD is rising for the second day in a row on Wednesday and continues to […]
