Forex News and Market Analysis
Ripple Price Prediction: XRP Struggles Below $0.38, What to Expect
XRP has been moving laterally recently, with the price remaining stable at $0.36. After encountering consistent resistance at the $0.35 Full Article
Selling USD/JPY As Powell Doesn’t Confirm Strong Rate Hikes
USD/JPY is on a pullback period as USD traders remain uncertain about the future FED path, after Powell's testimony this week Full Article
Bitcoin to Crossover $21,000 – Brace for Buying
Bitcoin is trading above the $20,500 mark against the US dollar. If there is a clear move well above the $21,250 resistance zone, BTC could Full Article
Forex Signals Brief for June 24: Global Economy Slows As Inflation Grows
Yesterday we saw another confirmation of the global economy heading into recession, as services and manufacturing softened worldwide Full Article
Gold Gains Support – Why Could XAU/USD Drive Uptrend Above $1,825?
The gold price hopes for a rebound after testing Wednesday's low of $1,820.00. Since the late New York session, the precious metal has been Full Article
Shorting the Retrace Up in Crude Oil After the Failure at the 50 SMA
Moving averages keep providing resistance for crude Oil so we decided to open a sell signal a while ago Full Article
Forex Signals Brief for June 23: Has Inflation Hurt Services?
Yesterday we saw a rollercoaster on Oil prices and inflation figures from Canada and UK. Today we will see if inflation has hurt services Full Article
Gold Standstill Near $1,830 – Symmetrical Triangle in Play
The gold price fell further in the Asian session after breaching the critical support level of $1,830.00 Full Article
Bitcoin Struggles to Break Above $21,000 – Quick Daily Outlook
Bitcoin is consolidating above the $20,000 level about the US dollar. BTC must break through the $20,800 Full Article
USD/CAD Falls Below $1.30 Again, As Odds of 75 bps Hike by the BOC Increase
The USD is retreating today while the CAD is increasing as CPI inflation pushes higher, with the BOC priced in to deliver a 75 bps hike Full Article
Greed Quickly Turns Into Fear for Crude Oil
Crude Oil is going through another crash today after stabilizing for two days, which indicates that the trend might have changed Full Article