japanese-currency-1-000-yen-bank-notes-60861026_large.jpg
Fundamental Forex Analysis

USD/JPY trades with modest losses, just below mid-109.00s

A subdued USD demand failed to assist USD/JPY to capitalize on Friday’s positive move. The upbeat market mood undermined the safe-haven JPY and helped limit deeper losses. The USD/JPY pair edged lower on the f...

UK: CBI Distributive Trades Survey
Fundamental Forex Analysis

UK: CBI Distributive Trades Survey

Retail sales in the UK continued to fall at a strong pace in May. GBP/USD largely ignored the data and clings to daily gains above 1.2300. The Confederation of British Industry’s (CBI) latest monthly Dis...

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

Pound trades in 5-week lows near 1.2200 figure, bearish

GBP/USD is under heavy selling pressure near 5-week lows.   The level to beat for sellers is the 1.2200 figure.    GBP/USD daily chart   GBP/USD is trading below its main SMAs on the daily chart suggesting a b...

AUD/USD ????????? ?? 3-????????? ?????????? ? ?????? 0.6850
Forex News

AUD/USD retreats slightly from highs, trades around 0.6450

AUD/USD clings to strong daily gains despite broad-based USD strength. US Dollar Index climbs above 100.30 during American session. RBA’s Monetary Policy Statement will be watched closely by market partic...

???????? ?????? ???????????? ? ?????? 0.8440 – Commerzbank
Forex News

Euro losing steam vs. pound, trades sub-0.8800 level

EUR/GBP recovery is halted near the 0.8800 resistance. The level to beat for bears is the 0.8750 support.   EUR/GBP four-hour chart    EUR/GBP is trading within familiar ranges as the market is trading below t...

USD/JPY: ??????? ?? ?????? ??????? ???? ????
Forex News

Greenback bounces back from April lows, trades near 107.40 level

USD/JPY turns higher despite broad-based USD weakness.  The next major hurdle on the way up can be the 108.00 figure.    USD/JPY daily chart   USD/JPY is bouncing back from the April lows nearing 3-day highs. ...

money-for-the-table-with-figures-gm118451521-10951870_large.jpg
Forex News

Euro trims intraday gains, trades near 1.0840 level

Bullish intraday attempt loses steam below the 1.0900 figure.  The level to beat for sellers remains the 1.0800 support.     EUR/USD daily chart    Euro/Dollar is trading within familiar while erasing intraday...

USD/CAD spikes to session tops, around mid-1.4100s in reaction to BoC’s surprise rate cut
Forex News

Greenback on the back foot vs. CAD, trades below 1.4100 figure

USD/CAD starts the week by retreating slightly below the 1.4100 figure. The level to beat for sellers is the 1.3985 support.    USD/CAD daily chart   USD/CAD is evolving above its main SMAs on the daily chart ...

USD/JPY: ????????????? ???????? ? ?????? 4-??????? ?????????
Forex News

Greenback going nowhere vs. Japanese yen, trades sub-108.00 figure

USD/JPY is ending the week pretty much where it started.  The level to beat for bears is the 107.00 support.  USD/JPY daily chart USD/JPY keeps trading in a tight range below the 108.00 figure and the main SMA...

EUR/USD ??????? ? 1.1030
Forex News

Euro ends the week in the red, trades near 1.0800 figure

EUR/USD hits fresh April lows this Friday and hits 1.0727 level.  EUR/USD gets a small bounce to 1.0800 figure at the end of the week.     EUR/USD weekly chart    Euro/Dollar is trading below the main weekly S...