News

Australia Consumer Confidence Data Due On Wednesday

Australia will on Wednesday see May results for the consumer confidence index from Westpac Bank, highlighting a light day for Asia-Pacific economic a ...more

Solana Price Prediction: SOL looks to retrace before catapulting to new highs

Read more on https://www.fxstreet.com ...more

USD/CHF Price Analysis: Corrective pullback battles previous hurdle below 0.9000

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China Merchants Bank launches $50 million fund focused on DeFi and NFTs

Read more on https://www.fxstreet.com ...more

Dollar Extends Slide Against Peers

The U.S. dollar stayed weak against its major rivals on Tuesday, extending recent losses, as comments from Fed officials suggested the central bank w ...more

S&P 500 Futures: Mildly offered amid pre-FOMC minutes caution

Read more on https://www.fxstreet.com ...more

Forecasts

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8947; (P) 0.8991; (R1) 0.9021; More…. Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9 ...more

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 109.05; (P) 109.27; (R1) 109.47; More… Outlook in USD/JPY is unchanged as range trading continues. Intraday bias remains neut ...more

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9011; (P) 0.9022; (R1) 0.9042; More…. USD/CHF’s break of 0.8984 support indicate resumption of fall from 0.9471. Intr ...more

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.4096; (P) 1.4121; (R1) 1.4165; More… Intraday bias in GBP/USD remains on the upside for retesting 1.4240 high first. Firm b ...more

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2129; (P) 1.2149; (R1) 1.2172; More…. Intraday bias in EUR/USD remains on the upside for retesting 1.2348 high. Firm break ...more

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2040; (P) 1.2089; (R1) 1.2116; More… USD/CAD’s decline resumes today by breaking 1.2044 temporary low and intraday bi ...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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