Forex News and Market Analysis
EUR/USD Shows Mixed Performance Ahead of Federal Reserve’s Interest Rate Decision
Traders and investors appear to be waiting for the Federal Reserve's (Fed) interest rate decision, as the euro-dollar exchange rate. Full Article
Ethereum Price Falls After Facing Resistance at $1,840 Against Greenback
Ethereum's price is falling after being met with resistance at the $1,840 level against the greenback. Full Article
Holding on to BTC Longs As Buyers Remain in Control on Strong Fundamentals
Bitcoin is looking increasingly bullish as cryptocurrencies benefit from the turmoil in the traditional banking system Full Article
Risk Sentiment Improves on As ECB Officials Do the Talk on Banking Issues
Risk assets are making a small comeback while safe havens are retreating as sentiment improves on central banks trying to calm markets down Full Article
Safe Havens Benefit on Hopes That This Is the Last Hike From the FED
Safe havens such as Gold and the JPY have been taking advantage of the financial troubles with the ban king system and lower FED rate odds Full Article
Crude Oil Looking Increasingly Bearish As Global Uncertainties Increase
This was one of the worst weeks in 2 years for crude Oil as it lost neatly $15, breaking below the $70 support Full Article
Forex Signals Brief for March 20: More Rate Hikes Coming This Week
Central banks are continuing the rate hike process, but markets might ignore them altogether this time as bank failures take the attention Full Article
EUR/USD Rises as Central Banks Join Forces to Avoid Liquidity Crunch
The euro is strengthening against the dollar to start the week, hovering around 1.0680. Full Article
Gold Price Corrects After UBS Announces Credit Suisse Rescue Plan
Gold (XAU/USD) has dropped to roughly $1,970 after UBS reported a rescue plan for Credit Suisse. Full Article
Closing an Anxious Week With Risk Assets Looking Increasingly Bearish
Risk assets tumbled lower this week, as bank problems escalate, although there was a slight improvement toward the end of the week Full Article
Bitcoin Facing the Next Challenge Above $27,000, As Cryptos Benefit From Uncertainty
Cryptocurrencies resumed the bullish momentum again this week, which sent BTC to $27,000 where it is facing the 200 weekly SMA Full Article
The 50 Daily SMA Held in USD/JPY But Risk-Off Sentiment Keeps It Subdued
USD/JPY was bullish for about a month, but the 200 daily SMA stopped the climb and it has retreated on the current banking crisis Full Article
USD/CAD Hesitating Below 1.40 As Risk Trades and Crude Oil Stall
USD/CAD stalled below 1.40 again after the latest rally but the pressure remains to the upside, as risk sentiment remains off Full Article
Forex Signals Brief for March 17: ECB Hikes Rates by 50 bps, but Markets Focus on Banking Crisis
Markets seem to have forgotten the economic data and central banks now, as bank are failing one after the other Full Article
XAU/USD Set for Biggest Weekly Gain Since Nov Amidst Optimism and Cautious Market
Despite the possibility of a calm market on Friday following a turbulent week, the gold price (XAU/USD) is on track for its largest weekly. Full Article
Buying the Retreat in Gold
Gold has retreated lower but continues to remain bullish overall, so we decided to open a buy Gold signal at the 50 hourly SMA Full Article
EUR/USD Uncertain Where to Go Next After the 50 bps ECB Hike
Today the ECB raised interest rates by 50 basis points to 3.50%, but they gave no dovish signals which is keeping the Euro in limbo Full Article
AUD/USD Reverses Down at the 200 Daily SMA As We Anticipated
AUD/USD stopped moving higher after failing at the 200 daily SMA again yesterday and reversed as risk sentiment turned negative Full Article
WTI Crude Oil Breaks Below Support as Fundamentals Weigh
The decline in crude Oil has picked up pace, as the sentiment turns negative while majors banks are failing Full Article