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British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP

Forex - Published date: .

It was a big week for GBP/USD as Cable crushed shorts, rallying more than 1,000 pips off of last week's lows. Read more

Japanese Yen (JPY) Outlook: USD/JPY Poised For A Breakout

Forex - Published date: .

The ‘V-shaped’ recovery in USD/JPY just failed to hit its target and is now moving lower again. Important support is... Read more

Gold Price Outlook Hinges On 2013 High After Best Week Since 2008

Forex - Published date: .

Gold prices surged in the best week since 2008, but it has yet to surpass peaks from 2013. If XAU/USD can clear resistan... Read more

Major Indices Close Lower After Late Day Rally Fizzles Out

Forex - Published date: .

Another big move in the last hour of trading The major indices are closing lower on the day after the late day rally fi... Read more

CFTC Commitments Of Traders: EUR Longs At The Highest Level Since June 2018

Forex - Published date: .

Forex futures positioning data for the week ending March 24, 2020 Highlights:Below is the EUR speculative position. The ... Read more

EURUSD Continues The Upside Probe

Forex - Published date: .

A close back above the 200 day MA at 1.1080 would be the first since March 16 For the month of March, the EURUSD peaked ... Read more

Dollar Down Vs All Currencies With The Exception Of The CAD Today. The Greenback Is The Weakest This Week

Forex - Published date: .

It took a 50 BP cut by the BOC to win the weakest battle (for now at least) The USD was mixed at the start of the NY ses... Read more

European Shares End The Day On The Downside

Forex - Published date: .

German DAX -3.9%. France's CAC -4.5%. UK's FTSE 100 -5.5% The major European indices are ending the week and the day on ... Read more

EUR/GBP Price Forecast: Euro Vs GBP Tests Key Reversal Levels

Forex - Published date: .

Last Week, uptrend move led EUR/GBP to a multi-year high. However, this week the story looks different. Here are the tec... Read more

Dollar Price Outlook: USD Reversal Threatens Deeper April Correction

Forex - Published date: .

US Dollar plunged more than 2.4% off fresh yearly highs with USD at risk for further losses next week. Here are the leve... Read more

Watch The 100 Hour MA In The S&P Today

Forex - Published date: .

The 100 hour MA comes in at 2526.95. It is Friday. It is month/quarter end. There is expectation that there may be quar... Read more

AUDUSD Peaks And Rolls Over

Forex - Published date: .

Trades to new session lows in the New York session On the downside, there is support near the 0.5973 to 0.59845 area. T... Read more

Rupee Pares Initial Gains, Settles 27 Paise Higher At 74.89 Against US Dollar

Forex - Published date: .

Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted invest... Read more

US Major Indices Open The Day Lower

Forex - Published date: .

It's Friday. It's the end of the quarter. Coronavirus fears dominate A snapshot of the major indices near the open are s... Read more

The USDJPY Ping Pongs Between The 100 And 200 Day MAs. Waiting For A Shove.

Forex - Published date: .

100 day MA above and 200 day MA below The USDJPY is trading lower in sympathy with lower stocks, lower rates today (at l... Read more