EUR/USD ?????????? ?? ??????? 1.1090
Fundamental Forex Analysis

Bulls in control above 1.1100 starting out ECB week

Broad USD sell-off, risk-on mood underpins EUR/USD EU recovery fund led optimism keeps EUR bulls hopeful. Focus shifts to the Eurozone/ US PMIs ahead of the key ECB verdict. Following the bounce from near 1....

EUR/USD ?????????? ?? ??????? 1.1090
Fundamental Forex Analysis

Bulls need a better-than-expected German IFO Expectations Figure

EUR/USD dips as lingering US-China tensions bode well for the US dollar.  Technical indicators suggest scope for a re-test of the lower end of the multi-week trading range.  Deeper losses may remain elusive if ...

USD/CAD: ???? ???? ?????? 200-DMA
Forex News

Jumps to fresh 1-week tops, bulls likely to aim 1.4160-70 supply zone

USD/CAD turns positive for the fourth consecutive session on Thursday. The set-up supports prospects for a move back towards 1.4160-70 area. The USD/CAD pair reversed an early dip to the 1.4070 region and turn...

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Forex News

NZD/USD bull’s attempts at 0.60 fall in vain

NZD/USD testing the vicinity of the 0.60 figure, but dollar too strong. Fed and RBNZ divergence driving force in play.  NZD/USD has been challenged mid-week following a double whammy from the Reserve Bank of ...

CPI ?????? ? USD/CAD
Forex News

Bulls struggled to capitalize on intraday positive move beyond 200-hour SMA

Resurgent USD demand assisted USD/CAD to rally over 100 pips from the 1.3900 mark. The technical set-up warrants some caution before placing aggressive directional bets. The USD/CAD pair rallied over 100 pips ...

Australia: New data show that between March 14 March – April 4 jobs decreased by 6.0%
Forex News

Bulls taking on the Wall Street lead

Australian shares hold onto strong gains on lockdown optimism.  Energy, consumer discretionary and industrials have been the top performers. Australian shares have started out the week on the front foot as inv...

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Forex News

Snaps three-day losing streak, but bulls are not out of the woods yet

EUR/USD’s hourly chart shows momentum remains bearish.  A break above 1.0887 is needed to abort immediate bearish setup.  While EUR/USD ended its three-day losing run with a 0.36% rise on Thursday, the p...

GBP/USD: ???????? ????????? ????????? ??? 1.2900
Forex News

The BoE opens the door for the bulls

GBP/USD has bounced from the lows after the BoE opened the door to more stimulus, Yohay Elam, an analyst at NDDFX, reports.  Key quotes “We are committed to taking action when needed – vowed Andrew Bailey, Gove...

NZ inflation expectations fall sharply in Q2, Kiwi bulls unperturbed
Fundamental Forex Analysis

NZ inflation expectations fall sharply in Q2, Kiwi bulls unperturbed

According to the latest Reserve Bank of New Zealand (RBNZ) survey, New Zealand’s (NZ) both one and two-year inflation expectations plunged in the second quarter of 2020. Business managers forecast annual ...

EUR/GBP ?????????? ? ?????????????? ?????? 0.8630 – Commerzbank
Forex News

EUR/GBP bulls in charge as Brexit risks loom

EUR/GBP moves 2.94% higher from the April lows as Brexit risks come back to the fore.  A toxic cocktail is being stirred-up in the markets for the great British pound. EUR/GBP is currently trading a 0.8747, +0...