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Fundamental Forex Analysis

USD/JPY recovers further from 7-week lows, moves beyond mid-106.00s

A modest USD rebound assisted USD/JPY to gain some traction on Wednesday. Hopes of a V-shaped global economic recovery undermined the safe-haven JPY. A cautious mood around the equity markets might keep a lid o...

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 ...

EUR/USD ??????? ? ????????????? ?????????? ? ?????? 1.1070
Forex News

EUR/USD leaps to 2-day high near 1.0850 on US data

EUR/USD turns positive and clinches 2-day tops. Poor US Retail Sales undermines the momentum in the dollar. US Consumer Sentiment is next on tap on Friday. EUR/USD has quickly broken above the previous consoli...

NZD/USD ???????? ? ????? 0.6550
Forex News

Remains vulnerable near 3-week lows, below 0.60 mark

NZD/USD struggled to capitalize on the overnight bounce from three-week lows. Bearish bias remains amid the recent break below the 0.60 confluence support. The NZD/USD pair traded with a mild negative bias on ...

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Forex News

USD/JPY flirting with session lows, around 107.00 mark

USD/JPY edged lower on Friday amid some renewed USD selling bias. The prevalent cautious mood further benefitted the safe-haven JPY. Friday’s US Retail Sales for April eyed for some short-term impetus. The USD...

EUR/USD ????? ?????????????? 1.1096 – UOB
Forex News

EUR/USD looks under pressure around 1.0800 ahead of key data

EUR/USD keeps gyrating around the key 1.0800 mark on Friday. Investors stay vigilant on the gradual re-opening of the economy. German flash Q1 GDP figures next of relevance in the euro docket. The selling bias...

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Forex News

EUR/USD steadies below 1.0800 ahead of Friday’s key data releases

EUR/USD looks to post losses for the second straight day on Thursday. Broad-based USD strength keeps bearish pressure on the pair intact. Eurozone and Germany GDP data will be published on Friday. The EUR/USD ...

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Forex News

USD/JPY climbs to fresh daily high near 107.20

USD/JPY rises as market sentiment improves in American session. US Dollar Index clings to daily gains above 100. Wall Street’s main indexes pull away from daily lows. After dropping below 107 during the ...

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...

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

USD/CAD consolidates near weekly tops, around 1.4100 mark

USD/CAD lacked any firm directional bias and remained confined in a range. Fading odds of negative Fed rates and the risk-off mood benefitted the USD. A goodish pickup in oil prices underpinned the loonie and c...