Category: Forex Trading Tips and Strategies
GBP/USD Is Fragile Under 1.3350 Due To Strong USD And Brexit Concerns
The Pound-to-Dollar exchange rate is trading below 1.3350, with no clear directional trend ahead of the European day. In the face of Brexit and commodity-related…
EUR/USD Projection: The Rebound Gathers Traction As Investors Reconsider The Fed’s Rate Forecast
The Euro/Dollar picked up steam on Friday and appears poised to expand on its rebound gains as the USD comes under intense selling strain before…
US Dollar Index Set To Witness Additional Rises Around 99.50
The US Dollar Index (DXY) has surged higher after breaking above a major barrier at 94.47/80. Analysts at Commerzbank predict that the DXY will reach…
USD/JPY Market Overview: Floats At 115.00 Ahead Of Major US Events
The USD/JPY is under pressure at 115.00, reverting from four-year highs of 115.24 hit in the early hours of the Asian trading day. The decline…
USD/JPY Week Projected: Interest Rate And Inflation Concerns
The USD/JPY struggled to breach 115.00 this week, however, the Federal Reserve and Bank of Japan’s divergent fiscal policies suggest a retest of the March…
GBP/USD Plunges To 1.3400 As The Greenback Benefits From Safe-Haven Trades
The GBP/USD pair traded in a pretty tight band at 1.3500 during the Asian trading day but fell under a significant bearish strain during the…
EUR/USD Is Expected To Go Beneath The 1.1270 Support Level
The EUR/USD’s breach of 1.1310 resulted in significant selling above the mark before reversing from 1.1270. This level is now acting as a hold, but…
USD/JPY Drops Off Two-Week Uptrend, Now In The 114.15-20 Range
When it came to capitalizing on its Asian session surge to more than two-week highs, the USD/JPY pair faltered and was last seen moving in…
Weekly GBP/USD Review: Rebound? Inflation And Jobs Figures In The UK May Offset Dollar
Greatest since 1990 — US inflation hit 6.2%, sending the greenback soaring. GBP/USD fell due to Brexit uncertainty and weak UK growth numbers. Consequently? This…
EUR/USD: A Breach Under 1.1420 Will Allow The 1.1300 Barrier To Be Reached
The Euro/Dollar exchange rate is continuing to fall. If the EUR/USD falls below 1.1420, according to experts at TD Securities, the globe’s most prominent currency…
