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Break of 150.92 support turned resistance suggests short term bottoming at 148.55, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for stronger rebound to near term falling channel resistance (now at 152.61). On the…
No change in USD/CHF’s outlook and intraday bias stays neutral. On the upside, firm break of 0.9053 will suggest that corrective pattern from 0.9200 has already completed at 0.8911. Further rally should then be seen to retest 0.9200 resistance. In…
EUR/USD faces volatility, ending the week at 1.03738 amidst US-Ukraine tensions. Speculative range from 1.02950 to 1.05200 as political noise dominates.
WTI Crude Oil sees early March volatility with levels between $68.950 and $71.100. Key influences include US policy and global politics.
Following a number of weeks headlined by acquisitions, this week’s FX and CFDs industry news was dominated by executive moves.
The Pound to Dollar exchange rate (GBP/USD) strengthened to 2-month highs at 1.2715 this week before a retreat to 1.2670. JP Morgan expects that fear will return with trade threats triggering a slide in EUR/USD to below parity by the…
Explore our latest market forecasts for major trading pairs and commodities. See key levels and trends for USD/JPY, NASDAQ, EUR/USD, and more.
Gold extended its losing streak on Saturday, dropping over 1% and closing the week down by 3%, as investors shifted focus toward…
The Swiss National Bank will not refrain from using interest rates and currency interventions to steer monetary policy despite the risk of being branded a “currency manipulator” by the United States, its chairman said on Saturday.
India’s foreign exchange reserves surged to a two-month high of $640.5 billion as of February 21, with an increase of nearly $5 billion in a week. The Reserve Bank of India’s data showed foreign currency assets, the largest component of…
