Forex

GBP/USD rallies to a four-day high of 1.2667, trading at 1.2646 at the time of writing, up 0.64% daily. Bulls need to reclaim 1.2700 to target the 200-day…

EUR/CHF might continue to decline towards the initial target generated by the Triangle pattern formed between August – October.  A textbook bullish Hammer…

AUD/NZD is probably forming a bearish reversal pattern after peaking in late November.  The MACD could be about to offer a sell signal reinforcing the…

The US Dollar trades on the back foot at the start of the last normal trading day of the week. With Thanksgiving and Black Friday ahead, Wednesday will…

Israel and Iran-backed militant group Hezbollah in Lebanon have agreed to a ceasefire deal.  OPEC+ has started discussions on its production restart plans.…

USD/JPY dives to near 151.50 as the US Dollar’s correction extends further. The US Dollar refreshes weekly low ahead of the US PCE inflation data for…

Gold rises as traders “buy the fact” of the ceasefire deal brokered between Israel and Hezbollah on Tuesday.  Technical support from a major trendline is…

The core Personal Consumption Expenditures Price Index is expected to rise 0.3% MoM and 2.8% YoY in October. Markets are undecided on whether the Fed will…

The Pound Sterling consolidates below 1.2600 against the US Dollar as investors await a string of US economic data, including PCE inflation. The FOMC…

The Japanese Yen draws haven flows as concerns over Trump’s tariff plans offset BoJ uncertainty.  The USD struggles to lure buyers and drags the USD/JPY…