Actionable technicals and fundamentals for the Dollar, Euro, Yen, Aussie and Canadian
NZDUSD faces more strength on corrective upside pressure as more gain is likely in the days ahead.
The U.S. dollar index is a little higher and the euro currency is slightly lower even though interest rate differential expectations have turned slightly bearish for the greenback in light of Fed Chair...
Chinese equities began the week on a negative note, after the data showed that Chinas GDP grew 1.6% in the second quarter, a touch better than 1.5% penciled in by analysts and up from 1.4% printed a quarter...
EURUSD eyes further recovery short term as it looks to extend gain in the new week. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level.
EURUSD eyes further recovery short term as it looks to extend gain in the new week. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level.
USDCHF bear pressure set to extend lower in the new week. Resistance resides at the 0.9900 level.
Much of the recent gains can be linked to Federal Reserve Chairman Jerome Powells congressional testimony earlier this week, which set the stage for the central bank to lower interest rates.
EURUSD is in a pullback as we discussed yesterday; now still not made by three legs down so keep an eye on wave c) drop that may stop at 1.2300.
The US stocks went to the moon and back as the Federal Reserve (Fed) Governor Jerome Powell strongly hinted that an interest rate cut is imminent at his semiannual testimony before the congress.
The Dollar pared early losses after a stronger than expected CPI. This led safe-haven assets lower including the Yen from overnight session highs. As we head into tomorrow lets take a look at the tradable...
Our researchers believe the strength of the US Dollar will continue to drive foreign investments into the US stock market...
Our researchers believe the strength of the US Dollar will continue to drive foreign investments into the US stock market...
Financials: Sept. Bonds are currently 6 lower at 154’15, 10 Yr. Notes 0’00.5 lower at 127’13.5 and 5 Yr. notes 0’00.5 higher at 117.24.25. The [...]
There was additional support for stock index futures yesterday when the minutes from the Fed's June 19 meeting were released and showed many central bank officials saw a stronger case for a rate cut....
Cross pairs also suggests that commodity currencies will stay in better shape than the euro, as EURNZD and EURAUD both show possibilities of a bearish continuation.
USDCAD is turning south, now break through the trendline support so more weakness is likely coming into wave 5 towards 1.2900 area.
EURUSD price strength builds up on 1.1311 region as it closed higher on reversal on Wednesday
The US dollar gave back gains on a sharp move after the Federal Reserve (Fed) Governor Jerome Powell has been very clear that the global economic slowdown outweighs the encouraging data in the US at his...
Bears have solid near-term chart advantage to suggest more downside in near term.
