Forex News and Market Analysis
Improving Consumer Confidence Not Enough to Boost the USD
The consumer confidence is improving again in the US as the banking crisis abates, which will help the USD in the longer run Full Article
MAs Keeping EUR/USD Supported as ECB Presses for Higher Rates
We decided to open a buy EUR/USD signal after the retreat to moving averages, which have ben providing support this week Full Article
Stock Indices Higher But Remain Hesitant, As Bank Shares Jump
Stock markets have been trading in a range for several months as traders remain uncertain about central banks and the global economy Full Article
Forex Signals Brief for March 28: How Is the US Consumer Feeling?
The sentiment improved yesterday in financial markets but is the US consumer feeling the same? Full Article
EUR/GBP Dips to 0.8795 Amid Three-Day Decline; Bearish Chart Formation Emerges
The EUR/GBP currency pair experienced a drop to 0.8795 early on Monday, marking a three-day decline as the week began slowly. Full Article
Gold Prices Rebound as Banking Crisis Fears Subside, Investors Shift to Riskier Assets
Gold prices recovered after hitting a low of $1,944 on Monday, following a significant drop from $2,000 on Friday. Full Article
EUR/USD Trying to Decide at the 50 SMA After the Bounce
EUR/USD has been retracing higher today after the bearish move in the last two days of last week, but it's facing the 50 SMA now Full Article
Bitcoin Looking for A Quick Reversal After Falling Below $27,000 on SEC Charges
Cryptocurrencies took a dive earlier today, but the decline seems to have stopped and buyers are back, showing resilience Full Article
Is USD/JPY Reversing Now After Breaching 130?
USD/JPY has been bearish this month on increased risk aversion, dipping below 130, but can it remain bearish as the sentiment improves? Full Article
Main Events for the Week Ahead, AUD and Euro Looking at CPI March Inflation
The economic calendar is lighter this week, although the AUD and EUR are looking at the Eurozone and Australian CPI inflation numbers Full Article
Forex Signals Brief for March 27: Watching Out for Surprises This Week
Last week the sentiment improved despite further rate hikes by central banks, but the banking problems are not over yet Full Article
Gold Prices Dip as Dollar Strengthens Amid Banking Concerns and Fed Policies
Gold prices experienced a decline on Friday as the dollar gained against most major counterparts, with markets evaluating the ongoing... Full Article
GBP/USD Retreats as US Pledges Increased Financial Backing for Mid-Sized Banks
The GBP/USD pair relinquished its earlier gains and slid close to 1.2230 during the Asian trading session. The Cable felt pressure... Full Article
AUD/USD Unable to Overtake the 200 Daily SMA
AUD/USD retested the 200 daily SMA last week as the USD turned bearish on a hawkish rate hike by the FED, but failed once again Full Article
Crude Oil Sticks Around $70 As Global Worries Still Prevail
Crude Oil returned above $70 this week after the reversal following the abating of the banking crisis, but fell below $70 again ahead of the Full Article
USD/CHF Remains Bearish on Further SNB Hikes
USD/CHF has turned bearish this week again as the issues with Credit Swiss get resolved, which is keeping the SNB hawkish Full Article
Gold Returns Above $2,000 in No Time, but Can It Hold?
Gold XAU peaked above $2,000 again yesterday after the failure early this week, but let's see if buyers can keep the bullish momentum Full Article
Forex Signals Brief for March 24: Manufacturing and Services Keep Diverging
Today services are expected to remain stable in Europe and the US, but manufacturing activity continues to remain in recession Full Article