Forex News and Market Analysis
EUR/USD Falls Below 1.02 Again – Quick Daily Outlook
The EUR/USD traded sharply bearish, having plunged to its lowest level since December 2002 at 1.0226. Despite a positive shift in risk Full Article
Natural Gas (LNG) at A Decisive Moment on the Weekly and Monthly Charts
Natural gas made a quick reversal lower last month and lost nearly half its value Full Article
Forex Signals Brief for July 7: ECB Minutes After Yesterday FOMC Minutes Left the USD Bullish
Crude Oil and EUR/USD continued the bearish momentum yesterday after breaking some important levels in the day before Full Article
Risk-on Sentiment Continues to Drive Sell-off in Gold – What’s Next?
After a sharp drop to near $1,732.00 in the New York session, the gold price has entered a consolidation phase. On a broader level, the Full Article
Remaining Long on the USD, As US Services Remain Robust
US services are holding up well compared to Europe as the ISM non-manufacturing report for June showed today Full Article
Bearish Signs in Crude Oil Again, As US WTI Dives Below $96
Crude Oil has been rejected by smaller MAs on the H1 chart, falling below $98 again, indicating strong selling pressure Full Article
Copper And Commodities Dive, As Recession Fears Take Over
Commodities such as Copper and Oil have been hit hard in recent days, as the risk sentiment turns negative again Full Article
Forex Signals Brief for July 6: EUR/USD Heads Toward Parity After Yesterday’s Crash
Crude Oil fell below $100 today while EUR/USD seems to be heading toward 1 as the sentiment remains negative Full Article
Bears Dominate GBP/USD – Why Cable Could Trade Bearish Under $1.1970
GBP/USD has lost traction and dropped below 1.2200 on Wednesday morning, under pressure from safe-haven flows and broad dollar strength Full Article
Bitcoin’s Choppy Session Continues – Buckle Up to Trade the Breakout
Bitcoin surpassed the $20,500 resistance level against the US dollar. BTC is currently struggling near $19,800, with a major support zone Full Article
Will the EU Fall in Recession As Business Climate And Consumer Sentiment Worsen?
The EU seems to be heading into recession as services slow down considerably as a result of surging prices Full Article
EUR/USD Crashing to 19-Year Low! Parity Coming Soon?
EUR/USD has broken below the long term support zone around 3.50 as the Euro gets dumped while the USD gets a boost Full Article
Forex Signals Brief for July 5: RBA Delivers Another 50 bps Rate Hike
AUD/USD was showing some bullish momentum yesterday as the rate hike by the RBA was approaching, which took place last night Full Article
Gold Price Gains Support Near $1,805 – Quick Daily Outlook
The gold price tests the uptrend break of the consolidation formed in the early Tokyo session in a tight range of $1,806.60-1,809.89. Full Article
Bitcoin Crosses Above $20K – Why Bears Can Jump Near $21K Resistance
Bitcoin gained momentum and broke through the $19,500 resistance level against the US dollar. BTC is currently encountering resistance and Full Article
Uncertainty in Crude Oil, As it Bounces Between MAs
Crude Oil is stuck between 2 MAs for a week, as recession fears and supply shortages keep weighing each-other Full Article
Preparing to Buy USD/CHF, As Inflation Surges to 30-year High in Switzerland,
Inflation reached 3.4% in Switzerland, but USD/CHF is reversing higher, which is a bearish sign for the CHF Full Article