News

USD/ZAR Price Analysis: Further downside hinges on $15.65 break

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GBP/USD trades with modest gains above 1.3200 mark, lacks follow-through

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USD/CAD: Wednesday’s Doji, firmer USD direct bulls to 1.2700 despite higher oil prices

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EUR/GBP Price Analysis: Eases from 10-week top but 200-DMA defends bulls

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Gold Price Forecast: XAU/USD traders seem non-committed below 200/100-DMA, US CPI awaited

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Chainlink price to provide buy opportunity before LINK surges 35%

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Forecasts

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1232; (P) 1.1265; (R1) 1.1302; More… Intraday bias in EUR/USD remains neutral as range trading continues. On the upside, fi ...more

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3204; (P) 1.3247; (R1) 1.3285; More… Focus is now on 1.3164 medium term fibonacci level as fall from 1.4248 resumes today. ...more

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9228; (P) 0.9251; (R1) 0.9272; More…. No change in USD/CHF’s outlook as range trading continues. Intraday bias remain ...more

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 113.38; (P) 113.58; (R1) 113.76; More… Intraday bias in USD/JPY remains neutral at this point. On the downside, sustained bre ...more

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1232; (P) 1.1265; (R1) 1.1302; More… Range trading continues in EUR/USD and intraday bias remains neutral first. On the ups ...more

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3204; (P) 1.3247; (R1) 1.3285; More… Range trading continues in GBP/USD and intraday bias remains neutral. On the downside, ...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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