EUR/USD remains bullish in the long-run, eyeing the 1.2413 April 2018 high
Source-
fxstreet.com/
The EUR/USD pair heads into the weekly close trading at its highest for the week, a handful of pips below the 1.2200 figure. The long-term trend is bu
Gold Price Analysis: XAU/USD eyes $1,875 as upside target – Confluence Detector
Source-
fxstreet.com/
Gold has retreated from the highs as President Joe Biden’s stimulus plan is running into opposition from Republicans. Will the new administration sett
AUD/USD: Correction lower expected below 0.7640
Source-
fxstreet.com/
The AUD/USD pair has made little progress this week, ending it around the 0.7700 figure as investors struggled to maintain the optimism alive. In the
United States EIA Crude Oil Stocks Change above forecasts (-1.167M) in January 15: Actual (4.351M)
Source-
fxstreet.com/
United States EIA Crude Oil Stocks Change above forecasts (-1.167M) in January 15: Actual (4.351M)
EUR/GBP rallies back to highs of the week above 0.8900
Source-
fxstreet.com/
Amid a divergence in euro and sterling strength on the final trading day of the week that has seen the former as one of the outperforming G10 currenci
GBP/USD finds support above 1.3630 on Friday, ends week higher
Source-
fxstreet.com/
The GBP/USD dropped further and bottomed at 1.3634, the lowest level in two days. Then it rebounded as US stocks trimmed losses and climbed to 1.3680.
Canada: Retail sales to lose some momentum – NFB
Source-
fxstreet.com/
Data released on Friday showed retails sales rose on November more than expected in Canada. The seven-month positive streak is at risk, the preliminar
S&P 500 drops back from record high levels, eyes test of support in the 3820s
Source-
fxstreet.com/
The S&P 500 trades a little lower on Friday amid a more cautious tone the market’s broader appetite for risk; not only are US stocks lower, but Europe
NZD/USD: Relative cyclical momentum set to remain supportive for the kiwi – MUFG
Source-
fxstreet.com/
The kiwi (NZD) has been outperforming boosted by building optimism over a stronger global economic recovery, explained analysts at MUFG Bank. They bel
EUR/GBP: Is still be too early to be bullish on the pound – Rabobank
Source-
fxstreet.com/
According to analysts from Rabobank, the possibility of the Bank of England (BoE) reinforcing a dovish outlook could keep the pound on the back foot.
USD/TRY likely to drop further below 7.3500 – MUFG
Source-
fxstreet.com/
Shoring the USD/TRY is a trade idea that analysts at MUFG Bank are considering. They see the current policy from the Central Bank of the Republic of T
US: Existing Home Sales to moderate during 2021 – CE
Source-
fxstreet.com/
Housing data from the US released on Friday came in above expectations with Existing Home Sales reaching the highest level in 14 years in December. Ma
GBP/USD: Cautious over further near-term gains – MUFG
Source-
fxstreet.com/
A lot of good news has been priced into the pound, according to analysts at MUFG Bank. They point out that a relatively fast vaccine roll out in the U
USD: FX intervention isn’t enough to halt dollar’s decline – Wells Fargo
Source-
fxstreet.com/
According to analysts at Wells Fargo, the US dollar will remain weak during 2021 and in early quarters of 2022, despite interventions from central ban
USD/CAD rises above 1.2700, eyes test of 21DMA at 1.2740
Source-
fxstreet.com/
USD/CAD has been on the front foot for the majority of Friday’s session, rising back above the 1.2700 mark and into the 1.2750s from its early Asia se