Forex News and Market Analysis

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USD/CAD has been declining since it failed at the bottom of the range last week, and today's softer Ivey PMI is not helping Full Article

11 hours

Crude Oil reversed back down after opening with a bullish gap over the weekend, closing it, but the 200 SMA is holding s support Full Article

12 hours

Cryptocurrencies have taken a dive as the war on cryptos continues with SEC filing charges against the Binance exchange Full Article

15 hours

Yesterday we saw a bearish reversal in the USD as the sentiment improved on softer ISM services, while today the RBA meeting is the highligh Full Article

17 hours

The EUR/USD pair has successfully broken out of the narrow consolidation range below 1.0730 during the Asian session. Full Article

19 hours

Gold price remains uncertain heading into Tuesday's European session, as economic calendar lacks major data/events and mixed concerns surround the Federal Reserve's moves and US-China relations. Full Article

20 hours

USD/CHF has reversed down and lows 70 pips after soft ISM services numbers, showing that this sector is heading toward stagnation Full Article

1 day

EUR/USD has retraced higher on hawkish ECB comments today and USD weakness but MAs are still acting as resistance Full Article

1 day

Consumer inflation CPI started increasing again last month, while USD/CHF is facing the 100 daily SMA as resistance above Full Article

2 days

Gold tried to turn bullish this week, but the bounce failed and XAU closed the week near the lows, which points further down Full Article

2 days

Bank of Canada and the Reserve Bank of Australia are expected to keep rates on hold this week, but we might get a surprise hike Full Article

2 days

EUR/USD faces downward pressure for the second consecutive day as it heads into Monday's European session, maintaining minor losses. Full Article

2 days

Gold]] prices (XAU/USD) continue to be under pressure for the second consecutive day as the precious metal extends its decline to an intraday low near $1,945. Full Article

2 days

The NFP report improved the sentiment for the USD again on Friday after softer inflation indicator numbers during the week Full Article

3 days

Crude Oil has been bearish for more than a year, but this week we saw a decent reversal higher on higher Caixin manufacturing Full Article

4 days

USD/JPY has turned bearish this week as the USD retreats on a rate hike pause by the FED, while inflation indicators show a slowdown Full Article

4 days

EUR/USD is pushing above the 50 SMA after breaking the 20 SMA which had been acting as resistance for almost a month Full Article

5 days

Yesterday the USD retreated on lower inflation indicators, while today we have the NFP report which might reverse the situation again Full Article

5 days

The GBP/USD pair exhibits a cautious tone on early Friday, oscillating around the 1.2530 level. Full Article

5 days

The price of gold (XAU/USD) is set to record its first weekly gain in four weeks, as market sentiment remains cautiously optimistic heading into the key US employment report for May. Full Article

5 days
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