Forex

EUR/USD Outlook: Rising Wedge Pattern Hints at Potential Losses

EUR/USD is rallying as the US dollar remains on a downtrend. The decline is a result of Fed’s successful efforts…

May 25, 2021, 16:57 BST

Crude Oil Rejected Again at $66 – Do We Have a Double Top?

The WTI crude oil price has had one of the most impressive rallies during the COVID-19 pandemic. After briefly turning…

May 25, 2021, 11:01 BST

GBP/USD Bullish While in a Rising Channel

The bullish price action on the GBP/USD pair continues as it remains in a rising channel. Moreover, the price action…

May 25, 2021, 08:44 BST

Silver Price (XAG/USD) Bounces Strongly As Greenback Remains Under Pressure

Silver price maintained intraday gains after Fed Governor Brainard's remarks put the US Dollar on the back foot. Falling yields…

May 24, 2021, 17:17 BST

USD Index: Lack of Fresh Bullish Triggers Could Lead to Sub-90.00 Price

The US Dollar Index (DXY) refreshed session lows around 90.00 on Monday, amid a quiet start to the week, fundamentally…

May 24, 2021, 14:14 BST

USD/RUB Outlook: Ruble to Get Digital Equivalent in 2022 – Russia Central Bank

The apex bank in Russia will commence the testing of a digital ruble in 2022. This is according to a…

May 24, 2021, 13:16 BST

EUR/USD: Rising Wedge and Bearish RSI Divergence Hint to More Downside

EUR/USD started the trading week with a bid tone, as it found its way back up above the 1.22 level.…

May 24, 2021, 09:48 BST

NZD/USD Outlook ahead of the RBNZ Interest Rate Decision

NZD/USD is on a bearish consolidation pattern despite the better-than-expected New Zealand retail sales numbers. According to Statistics New Zealand,…

May 24, 2021, 09:30 BST

EUR/USD Price Prediction: Double-Top Or Ready To pop?

Pressure has been building for the EUR/USD price to break above the 1.2243 resistance level. So far, it has failed,…

May 23, 2021, 07:36 BST

USD/CAD: Probable Range-bound Trading Amid Rising Treasury Yields

USD/CAD is on a rebound amid rising US Treasury yields. Earlier in the day, the currency pair was on a…

May 21, 2021, 16:26 BST