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Forex
USD/JPY Price Analysis: Consolidates around 157.50 ahead of the weekend
USD/JPY rises up 0.06%, but fails to break above 158.00.
Bearish signals: RSI turning bearish, Chikou Span crossing below price action, and Tenkan-Sen…
Silver Price Analysis: XAG/USD plummets more than 2% and drops below $29.50
Silver edges down 2.05%, continues three-day decline amid profit-taking.
Technicals suggest more selling as RSI drops below 50.
Key supports: $29.00, June…
Mexican Peso plunges to two-week low as USD/MXN reclaims 18.00
Mexican Peso plunges more than 2.30% in the week.
Mexico’s creditworthiness remains solid as Fitch reaffirms Mexico's BBB rating but warns about the…
US Dollar gains traction and tallies a winning week
US Dollar DXY experiences extended gains, approaching 104.30 as sellers step back.
Concerns over the US labor market continue to burden the USD potentially.…
AUD/JPY Price Analysis: Downward pressures resume, pair closes its weakest week since April
AUD/JPY resumes decline, falling to 105.25, marking one of the lowest levels in over a month.
The recovery experienced on Thursday was short-lived as…
Pound Sterling Price News and Forecast: GBP/USD hits hard by sharp contraction in UK Retail Sales
Pound Sterling hits hard by sharp contraction in UK Retail Sales
The Pound Sterling (GBP) extends its correction against the majority of its peers in Friday’s…
Gold price stumbles beneath $2,400 drops to five-day low
Gold drops to $2,399, down 1.50%, after hitting a high of $2,447.
Concerns over China's economic growth and Trump's election prospects boost the Greenback.…
NZD/JPY Price Analysis: Continues to plunge as sellers reign supreme
Friday's trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum.
Cross ends the week with a near 2% loss.
Sellers are…
Australian Dollar tallies weekly losses, RBA hawkish stance to limit the downside
AUD/USD registered a significant drop on Friday, slipping below 0.6700.
Employment data continues to shape possible RBA and Federal Reserve decisions.
The…
NZD/USD Price Analysis: Pair gave up and lost the 0.6070 vital area
NZD/USD trudges below the 0.6070 level, marking its worst week since January.
The pair closed at 0.6010, indicating a weekly loss of approximately 1.80%.…