The week started on a quiet note for major currencies after the Tokyo event while investors eagerly await the first official speech from Christian Lagarde, the new head of ECB. Dollar For currency pairs, the dollar maintained a significant price of 97.218, having dropped to 97.107 on Friday which is a low recorded between august […]
EURUSD Price Analysis – November 4 The euro enlisted higher when the US dollar fell. The FX pair, albeit marginally unstable, was cited close to the recently settled highs. Financial data for the euro region is yet to be released. This left the greater part of the overwhelming effect in the US data release. Numerous […]
GBPUSD Price Analysis – November 3 Due to recent news release, the GBPUSD pair may recover further past the horizontal line on the level at 1.30 handle. The pair exited the prior week higher at the level 1.2940. Trending about 28 pips higher after the open, the Cable was unable to hold its gains as […]
On Friday the Department of Commerce for China expressed that Vice Premier Liu He had a phone call with United States trade negotiators, Robert Lighthizer and Treasury Secretary Steven Mnuchin. The different sides together had real and gainful chats on fundamental trade questions and discussed plans for the accompanying round for a deal. Pronouncing the […]
EURJPY Price Analysis – November 1 EURJPY currency pair tumbled and breached a significant horizontal zone on the level at 120.35 during yesterday’s trading session. As for the near future, buyers on EURJPY may take the exchange rate back to the upside to retest the price level at 121.10/121.47 within this session or the following […]
AUDUSD Price Analysis – October 31 The AUDUSD has retreated after hitting the horizontal zone on the level at 0.6929 early in the European session. The top zone reached is the highest point since July 26th, as buyers had initial dominance lifting the pair higher before plunging past below horizontal zone on the level at […]
GBPJPY Price Analysis – October 30 The FX pair is seeing a slight upward momentum at the beginning of the European session with the GBPJPY inching towards the upper zone to test the horizontal line on the level at 141.50. Currently, the pair is attempting to break out from its tight trading range to the […]
USDCHF Price Analysis – October 29 The USDCHF pair in the prior session advanced to fresh session highs, around the level at 0.9970 zone but retreated again, however earlier today with buyers making a fresh attempt to build on the prior momentum had moved further but stalled on the level at 0.9963 to retreat again […]
Toplines: FDI, U.S.-CHINA TRADE DISPUTES *Lately, assets that are sensitive to growth have gained and improved in October as positive expectations on trades persevere *In any case, another release records international investment crumbling, in just the most recent indication of trade dispute aftermath *The scenario is probably going to stay unpredictable for more risky settings […]
