Category: Forex Trading Tips and Strategies
A Tranquil Start To A Packed Week Keeps USD/JPY At 113.50
The USD/JPY is moving reasonably as the week gets underway, with a relatively calm start to what will eventually be a highly hectic week. Since…
USD/JPY Weekly Estimates: Is The Fed Concerned Over Inflation?
The USD/JPY has scarcely changed since the Omicron hysteria on November 26. Perhaps the US inflation data and remarks from Fed officials, notably Chair Jerome…
Today In Forex: The Dollar Maintains Its Footing Amid A Lackluster Risk Tone And Conflicting Omicron Developments
What you should know on Thursday, December 9: The Omicron COVID strain has been getting a lot of bad press around the world, so the…
Today In Forex: The Greenback Recovers With Rates As The US Inflation Week Begins Peacefully
Investors are weighing the consequences of quicker Fed pressure and tapering against the forthcoming favorable news on the Omicron corona strain, which has kept the…
With Eurozone Statistics Due, EUR/USD Slips Below 1.1300
A small flattening of the EUR/USD pair below 1.1300 indicates that the corrective rebound from the weekly low has faded away. Treasury yields have remained…
Weekly GBP/USD Estimate: More Dollar Strength? Omicron And UK GDP May Be Outweighed By US Inflation
Winter is approaching, and so will rate increases. The Fed indicated it is prepared to commence tapering. A speedier decrease in bond purchases means rising…
EUR/USD Is Still Expected To Rise To 1.1410
UOB Group’s FX strategists believe the EUR/USD will break beyond the 1.1400 mark within the next few weeks. Yesterday, EUR fluctuated between 1.1293 and 1.1347,…
Gold Price Prediction: XAU/USD To Overcome Short-Term Negative Bias Over $1,792
The Gold price is attempting to build on the gains made on Wednesday. As Dhwani Mehta of FXStreet points out, if the golden cross is…
GBP/USD Is Expected To Test The 1.3200 Level Once More
The Pound against the Dollar is modestly stronger. The currency pair is now moving in the positive region around the figure of 1.33. Nonetheless, experts…
USD/JPY Falls Beneath 113.00 For The First Time Since October 11th
On Tuesday, several factors conspired to push the USD/JPY to its lowest level since October 1. As a result of the COVID-19 difficulties, the risk-off…
