Forex News and Market Analysis
USD/JPY Showing Signs of Another Bullish Run to 145
USD/JPY continues to make higher lows despite a retreat in the USD which shows that buyers are preparing for another round Full Article
Shiba Inu Attracting New Users In Europe Via Binance Partnership
Shiba Inu (SHIB), one of the most popular meme tokens has entered a new milestone following its partnership with Binance Pay and Lyzi. This Full Article
Gold Remains Stuck Between MAs
Gold bounced off the 100 daily SMA again which is acting as support, while the 50 daily SMA is providing resistance, confining the price Full Article
Oil Fails at the 200 SMA Again After Rumours on Iran Nuke Deal
Crude Oil ended the day $2.50 down after rumours about a nuclear deal between Iran and the US, despite some denying later on Full Article
Forex Signals Brief June 9: Markets Remain Sensitive to the Data
Yesterday markets were quiet until US unemployment claims jumped to the highest since October 2021, which sent the USD tumbling lower Full Article
Gold Price Analysis: XAU/USD Consolidates as Bulls Take a Pause, Eyes on Key Levels
The Gold price (XAU/USD) is currently in a consolidation phase after experiencing the strongest rally in five weeks. Full Article
EUR/USD Pair Consolidates Strong Gains, Key Levels to Watch Amidst Bullish Momentum
The EUR/USD pair is currently in a consolidation phase after recording significant gains in the previous session, reaching a two-week high. Full Article
Higher Unemployment Claims Weighing on the USD
The USD is looking softer today after the unemployment claims showed a jump to the highest since October 2021 last week Full Article
SEC Are Up Against Binance And Coinbase – Will This Transform SEC Jurisdiction In Cryptocurrency?
The U.S. Securities and Exchange Commission (SEC) took legal action against Binance, the global leader in cryptocurrency exchanges, on Monda Full Article
What to Expect from the New Polkadot Staking Capabilities
The Polkadot blockchain is making new upgrades which will improve staking in the network further Full Article
USD/JPY Above 140 Again, After Retreat Ends Short of Expectations
The retreat in USD/JPY is now over and buyers are back in control, as the 20 daily SMA turned into support Full Article
EUR/USD to Fall to Parity After Reversal, Despite Hawkish ECB
EUR/USD is making a bearish reversal on the monthly chart, after failing to push above the 50 SMA, which might sent the price to parity agai Full Article
Forex Signals Brief June 8: BOC Surprise 25 bps Hike Sends CAD Higher
Yesterday we saw another rate hike surprise by the Bank of Canada which raise dates by 25 bps which kept the CAD bullish Full Article
GBP/USD Holds Ground Around 1.2450 Despite Mixed Signals and Risk Factors
Buyers of the GBP/USD pair remain in control near the 1.2450 level, although the upward momentum has slowed as Thursday's London session begins. Full Article
Gold Price (XAU/USD) Swings Amid Mixed Market Sentiment and Global Growth Concerns
The price of gold, denoted as XAU/USD, is experiencing fluctuations around its intraday high after a slight recovery following a significant decline the previous day. Full Article
Crude Oil Facing the 200 SMA After Climbing $3 Off the Lows
Crude Oil is testing the 200 SMA again this week, but buyers seems unable to push the price above it today Full Article
USD/CAD Down to the Bottom, After Surprise BOC Hike
USD/CAD continues to slide lower, although it stalled to the bottom of the range earlier, after the dive on the 25 bps hike by the BOC Full Article
Bullish Reversal in Ethereum (ETH) Despite SEC War on Cryptos
Cryptocurrencies took a dive on Monday as SEC filed charges against Binance, while yesterday they went after Coinbase, but ETH rebounded Full Article
USD/CAD Testing the 200 Daily SMA Again After Hawkish RBA
AUD/USD has been making strong gains this week, with the RBA helping the bullish case, but buyers are facing the 200 daily SMA now Full Article