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news-09072024-024025

EUR/JPY Price Analysis: Holding Steady at 174.50 Amid Overbought Condition

EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests...
news-05072024-021746

NZD/USD Forecast: Key Resistance at 0.6150 – UOB Group

The New Zealand Dollar (NZD) has the potential to retest the 0.6130 level, according to analysts at UOB Group. However, the major resistance at...
news-03072024-142003

USD Under Pressure as Weak Data Emerges

The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According...
news-03072024-141916

US Dollar Weakens on Soft ADP and FOMC Minutes

The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut...
news-02072024-022758

USD/JPY Forecast: Key Level to Monitor is 163.00 Above 162.00

The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages...
news-01072024-202728

Awaiting Powell Speech: Forex Market Update in Asia-Pacific | ForexLive

Federal Reserve Chair Powell is set to deliver a speech today at the ECB forum. This has caused speculation and anticipation in the forex...
news-01072024-202643

USD/INR Strengthens as US Dollar Demand Rises, Powell’s Speech in Focus

The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed...
news-01072024-030223

Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations

The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2...
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USD/CAD Unchanged Post Canadian GDP and US PCE Data Release

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian...
news-27062024-013109

USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...

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