News

Gold Futures Settle Slightly Higher

Gold futures settled higher on Friday as concerns about the possible impact of Chinese real estate major Evergrande's debt woes on the global financi ...more

US Durable Goods Orders August Preview: Retail Sales have led the way

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Wall Street Close: S&P 500 and the Dow Jones finished the week with gains, the Nasdaq down in a rowdy week

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Ethereum Pride Prediction: ETH bears target $2,200

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AUD/USD retreats at 0.7300 amid Evergrande’s failure to pay dollar-denominated bond

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U.S. New Home Sales Unexpectedly Jump 1.5% In August

A report released by the Commerce Department on Friday showed an unexpected increase in U.S. new home sales in the month of August. The Commerce Dep ...more

Forecasts

AUD/USD Daily Report

Daily Pivots: (S1) 0.7241; (P) 0.7279; (R1) 0.7334; More… Intraday bias in AUD/USD is neutral for some consolidations. But another rise is mildl ...more

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2595; (P) 1.2696; (R1) 1.2757; More… Intraday bias in USD/CAD remains neutral with focus on 1.2635 support. Break there wil ...more

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1699; (P) 1.1725; (R1) 1.1765; More… Intraday bias in EUR/USD remains neutral at this point. On the downside, sustained bre ...more

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3638; (P) 1.3694; (R1) 1.3777; More… Intraday bias in GBP/USD is mildly on the upside at this point. Rebound from 1.3608 co ...more

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9217; (P) 0.9246; (R1) 0.9273; More…. USD/CHF is still bounded in consolidation below 0.9331 and intraday bias stays neutra ...more

USD/JPY Daily Outlook

Daily Pivots: (S1) 109.94; (P) 110.14; (R1) 110.54; More… USD/JPY’s rebound from 109.11 extends higher today and focus is now immediately ...more

Technical Analysis

European shares end the day with mixed results

Some of the major indices are higher and a few are lower The major European indices are ending the day mixed In the European debt market, the ben ...more

USDJPY works it's way into swing area

The 108.36 to 108.47 is a swing area ahead of the high from last week The USDJPY has moved into a swing area defined by highs on September 18, Septemb ...more

The EURUSD is lower but supported below

The 1.1000 level is still key The EURUSD is lower but has seen up and down price action. The pair is off the low for the day at 1.1012 (currently trad ...more

US stocks are open with modest declines

Down on the day but off pre-market low levels too The US major indices are open and the major indices are trading down marginally. The snapshot is sho ...more

GBPUSD takes back about 38.2% of the move up last week

Him him Tested the 200 day MA last week.   The GBPUSD has taken back nearly 38.2% of the sharp move higher on Brexit hopes.  That hope ...more

Aussie falls further as risk assets see added pressure on the day

AUD/USD drops to a session low of 0.6764 ForexLive Notably, price is falling towards a test of the key hourly moving averages near 0.6748-59 now as se ...more

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