Forex News and Market Analysis
Important Bullish Break in USD/CHF After SNB Holds Rates Steady
USD/CHF has pushed above 0.90 as we ass the 200 daily SMA after the SNB meeting, which opens the door for further gains Full Article
Remaining Long on the USD After Hawkish Pause by the FED
The FED kept rates unchanged yesterday but is looking to keep them higher-for-longer which is bullish for the USD Full Article
SEC Warns More Crypto Exchanges And DeFi To Face Upcoming Charges
The United States Securities and Exchange Commission intends to file additional charges against cryptocurrency exchanges and decentralized f Full Article
Where Is NZD/USD Heading After the Q2 GDP Report?
NZD/USD has made a reversal lower after failing at 0.60 despite better GDP figures, as the USD rallies on the FED hawkish hold Full Article
The Pullbacks in Oil Getting Deeper, Suggesting A Correction From $90
Yesterday we saw a deeper pullback in crude Oil but MAs held as support and Oil bounced after another drawdown in US EIA crude inventories Full Article
Forex Signals Brief September 21: More Rate Hikes from the SNB and BOE
Yesterday the FED delivered a hawkish pause with the DOT Plot pointing to more rate hikes, today the SNB and the BOE should hike by 25 bps Full Article
Gold Price Observes Modest Revival Amid Hawkish Fed Stance
In Thursday's Asian trading session, the Gold price (XAU/USD) exhibited a slight rebound, lifting from its recent slump to approximately $1,928. Full Article
USD/JPY Analysis: Maintaining Momentum after YTD High Amid Global Influences
In Thursday's Asian trading session, the USD/JPY pair experienced a minor retreat from its year-to-date zenith around 148.45, though it demonstrated resilience by remaining above its daily low. Full Article
Following Closely US Bond Yields for Direction After the FOMC
Today the FED is expected to keep rates unchanged, but traders are interested in the rhetoric for further hikes ahead with bond yields signa Full Article
GBP/USD to Move Toward 1.20 As Inflation Keeps Softening
GBP/USD sticking to last week's lows despite a small jump in consumer inflation in August, indicating that the price will head toward 1.20 Full Article
USD/CAD Tumbling Lower on Higher Oil and Inflation in Canada
USD/CAD seems to have turned bearish as Oil prices keep surging, and yesterday's jump in CPI inflation has given further support Full Article
Forex Signals Brief September 20: The FED to Hold Rates at 5.50% in This Meeting
Markets have been quite this week, trading in a range as we approach the FOMC meeting which will be held later today Full Article
Gold Prices Stabilize Ahead of Federal Reserve’s Key Decision
Gold prices (XAU/USD) remain steady around the $1,930 mark during Wednesday's Asian trading sessions. Full Article
EUR/USD Oscillates Ahead of US Federal Reserve Rate Decision: A Technical Insight
During Wednesday's Asian trading session, the [[EUR/USD]] pair edges towards recovery, settling around the 1.0680 mark, having retreated from prior losses. Full Article
US Housing Sector Starting to Show Dents from High Rates
Building permits showed a decent jump in August in the US, but housing starts slowed as high interest rates effects filter in the economy Full Article
Selling NZD/USD Below Key Resistance
NZD/USD continues to remain bearish despite the recent retrace higher, so we decided to open a sell signal below the 20 daily SMA Full Article
AUD/USD Failing at the 20 SMA After the RBA Meeting Minutes
The 20 SMA has turned into resistance for AUD/USD, keeping it bearish, while the RBA minutes didn't help much Full Article
EUR/USD Gets A Boost Ahead of the Final CPI Numbers for August
Yesterday we saw a retrace higher in EUR/USD but MAs will likely keep it down after the inflation report from the Eurozone is released Full Article
Forex Signals Brief September 19: Slight Retreat in the USD as We Await RBA Minutes and Canada Inflation
The RBA released it's meeting minutes earlier today, while later we have the last CPI reading from Europe and Canadian CPI inflation Full Article