Forex

USD/CAD rises sharply above 1.3900 on multiple tailwinds. The Canadian Dollar weakens as job demand remained slow in October. The US Dollar rebounds…

EUR/CHF has formed a Triangle pattern which looks poised to breakout A downside break is marginally more probable given the longer-term trend is bearish.…

EUR/USD faces significant offers near 1.0800 as the US Dollar resumes its upside trend. Trump’s victory has improved the US Dollar’s long-term outlook. The…

The Pound Sterling faces mild selling pressure on Friday even though the BoE favored a more gradual rate-cut path. Both the Fed and the BoE cut interest…

China imported less crude oil in October as well. According to customs data, crude oil imports fell by 9% year-on-year to 44.7 million tons, or 10.5 million…

UoM Consumer Confidence Index rose in November's flash estimate. US Dollar Index stays in positive territory above 104.50. Consumer confidence in the US…

The Mexican Peso trades lower in key pairs, reversing its recovery on Thursday.  The Fed’s decision to cut interest rates in the US weighed on the US Dollar…

GBP/USD Price Forecast: Falls deeper below 1.3000 on strong US Dollar The Pound Sterling dropped from around 1.2980 on Friday as the Greenback recovered some…

EUR/GBP pair is on a four-day losing streak, reaching lows not seen in over a week The MACD's rising red bars and declining RSI indicate increasing bearish…

USD/JPY declines to a major trendline and finds support.  It remains in an uptrend that could resume and push higher.  USD/JPY has pulled back to support…