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AUD/USD retreats and could weaken further in short-term
AUD/USD has come under renewed selling pressure, falling back below the 20- and 40-simple moving averages (SMAs) in…
GBP/USD extends negative move but downfall could pause in short-term
GBP/USD has been erasing gains since the peak at 1.3297 on September 20 to fall back into the Ichimoku cloud.
Yet,…
EUR/USD bears still in charge but close to oversold zone
EUR/USD is trading increasingly bearish over the past five days, heading towards one-month lows, with the technical…
US core PCE inflation to hold at target as spending slows
On Friday at 12:30 GMT, the updated core Personal Consumers Expenditure (PCE) price index, the Federal Reserve’s…
Raft of Japanese data unlikely a game-changer for BoJ
A raft of economic data out of Japan will hit the markets on Thursday at 23:30 GMT. Forecasts point to numbers that…
Eurozone headline flash inflation expected to climb in September
The Eurozone is scheduled to publish initial inflation estimates for the month of September on Friday at 9:00 GMT…
EUR/GBP moves back into cloud & reverts to neutral mode
EUR/GBP has retreated significantly from the more than one-year high of 0.9098 touched at the end of August and…
Fed ‘certain’ to raise rates, optimistic commentary likely on tap
The Fed is practically certain to raise interest rates by another quarter-percentage point on Wednesday at 18:00…
GBP/USD finds support near 23.6% Fibonacci erasing some losses
GBP/USD erased some of Friday’s significant losses yesterday and still remains above the 23.6% Fibonacci…
EUR/USD inverse head and shoulders pattern remains in play
EUR/USD has traded lower after the bounce off the 1.1800 strong psychological level on Friday, while it opened with…
