The US Dollar Index rises for the third session in a row. Geopolitical risks keep the Greenback in demand. Fed reiterates commitment to 2025 rate cuts, US yields slip but the Dollar still gains. The US Dollar Index (DXY), which […]
US Dollar continues recovering ahead of the weekend Read More »
AUD/USD trades near the 0.6270 region, failing to recover ground amid persistent USD strength. A soft Australian labor market report and safe-haven demand for the US Dollar continue to weigh on the Aussie. Technical indicators point to further downside as
Australian Dollar weakens as AUD/USD remains pressured below 0.6300 Read More »
AUD/JPY was seen trading around the 93.70 zone, recording its third consecutive day of mild losses. Despite the negative streak, the pair continues to hold above the 20-day SMA, suggesting downside may be limited. Momentum indicators remain soft; RSI stays
Aussie dips slightly as 20-day SMA offers support Read More »
NZD/USD was seen around the 0.5730 zone, posting modest daily losses ahead of the Asian session. The pair is testing a key confluence of the 20 and 100-day moving averages, with downside risks emerging below this area. During Friday’s session
Kiwi slips as moving average cluster offers key support Read More »
EUR/USD was seen trading around the 1.0820 area after the European session, falling for a third consecutive day. Despite shedding over 1% this week, the recent bullish crossover between the 100- and 200-day SMAs may provide a strong base. Momentum
Euro extends losses but 100-200 SMA crossover offers support Read More »
EUR/USD was seen trading around the 1.0850 area after the European session, correcting lower after a strong rally. Overbought conditions led to a pullback, with the pair possibly consolidating between 1.0800-1.0850 before resuming its uptrend. EUR/USD retreated after reaching fresh
Buyers take a breather as consolidation phase begins Read More »
EUR/USD was seen trading around the 1.0900 area after the European session, moving sideways with neutral momentum. Despite recent strong gains, the pair struggles to extend higher as overbought conditions weigh on momentum. The EUR/USD pair traded with a neutral
Consolidates near 1.0900 as bulls take a breather Read More »
DXY stalls around 103.95 as market sentiment remains fragile. Traders eye Wednesday’s US CPI data for fresh market direction. Nasdaq slides 3.3%, dragging broader equities lower. The US Dollar (USD) remains under pressure on Monday, with DXY hovering around 103.95,
US Dollar sees some gains on a quiet start of the week Read More »
EUR/USD was seen trading near the 1.0830 area after the European session, posting mild gains on Monday. Following a strong rally of over 4% last week, the pair enters a consolidation phase, potentially stabilizing above the 200-day SMA near 1.0780.
Bulls take a breather after last week’s sharp rally Read More »
Australian Dollar weakens as disappointing US labor data increases risk-off sentiment. US NFP report came in below forecasts, while wages slowed, raising concerns over economic resilience. China’s trade data revealed weaker imports, amplifying pressure on the Aussie. Technical indicators suggest
Australian Dollar falls after weak NFP data fuels risk aversion Read More »
