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Forex News

Italy’s correction to end soon

Italy is considering closing schools and that is weighing on the euro as Biden’s Super Tuesday victory may be soon forgotten by markets. Yohay Elam, an analyst at NDDFX, sees reasons for the euro to chang...

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Forex News

Markets pricing in a Fed rate cut although a EUR/USD correction is on the cards

DXY sent to a 61.8% Fibonacci retracement golden ratio target,. Federal Reserve rate cut expectations rocket and US yields drop to record lows of 1.235%. However, according to volume price analysis (VPA), EUR/U...

AUD/USD ??????? ??? ??????? 0.6900
Forex News

AUD/USD bears in control, but watch for over extended downtrend correction

AUD/USD bleeding to the downside as coronavirus grips. RBA meeting back on the map as a live one, possible insurance rate cut on the cards.  However, analysts at Commerzbank warn AUD is at end-stage of a longer...

EUR/USD ???????? ??? ????????? ???? 1.1175 – UOB Group
Forex News

Euro bullish correction intact, trades near 1.0880 level after London close

EUR/USD bullish recovery from 34-month lows is intact. The level to beat for buyers is the 1.0900/1.0920 resistance zone.   EUR/USD daily chart    The euro is trading in a downtrend below its main daily simple...

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Forex News

Dollar accelerates correction down below 111.00 figure vs. yen

USD/JPY is starting the week trading sharply down after a large bullish breakout last week. The correction down is extending below the 111.00 level.   USD/JPY daily chart   USD/JPY is trading in an ascending c...

EUR/USD ?????????? ?? ?????????? ??-?? PMI
Forex News

Euro correction up is underway, bulls eyeing 1.0878 level

EUR/USD bounces from 34-month lows. A deeper correction might be underway.   EUR/USD daily chart    EUR/USD is trading in a bear trend below the main daily simple moving averages (SMAs) as the market is reboun...

GBP/USD: ?????????????? ?? 19-???????? ??????????
Forex News

Correction lower still on the cards

CME Group’s advanced readings for GBP futures markets showed investors added around 1.2K contracts to their open interest positions on Wednesday, resuming the uptrend after Friday’s drop. In the same line, volu...

GBP/USD ???????? ? ????????? ? 15 ???????
Forex News

GBP/USD consolidates in an upside correction of the 2020 sell-off

GBP/USD holds in the 1030 handle after US/China trade deal announcements and signing ceremony.  UK and US data disappointing of late.   GBP/USD is consolidating above a 38.2% Fibonacci retracement of the Sep-N...