Forex

EUR/JPY: Bearish to 125 As the ECB Prepares to Ease More

The EUR/JPY cross pair looks bearish here, both from a technical and fundamental perspective. On the one hand, the technical…

Mar 02, 2021, 09:20 GMT

EU Inflation Preview: Implications for the EUR/USD

The EUR/USD is under intense pressure ahead of the important EU CPI and German unemployment rate data. The EURUSD price…

Mar 02, 2021, 06:22 GMT

USD/JPY Rising Wedge Pattern Points to a Drop to 106.22

The USD/JPY price rally is accelerating as the dollar strength remains. The pair rose to an intraday high of 106.92,…

Mar 02, 2021, 04:44 GMT

AUD/USD Forms Bearish Flag After the RBA Interest Rate Decision

The AUD/USD price formed a bearish flag pattern after the latest RBA interest rate decision. The pair is trading at…

Mar 02, 2021, 04:11 GMT

USD Index (DXY) Stuck Below 91.00 As Falling Bond Yields Stifle Dollar Demand

The USD Index (DXY) was only able to register marginal gains this Monday after falling yields on the long-term bonds…

Mar 01, 2021, 17:25 GMT

GBP/USD Double Top Points to Further Weakness Ahead of the Annual Budget Release

The GBP/USD pair found strong resistance at 1.42, and the market formed a double top pattern. The sharp reversal that…

Mar 01, 2021, 10:24 GMT

GBP/USD March Forecast: Is Pound Sterling Heading To 1.4500?

The GBP/USD pair rose for the sixth consecutive months in February as investors focused on the strong coronavirus response from…

Mar 01, 2021, 05:46 GMT

EUR/USD March Forecast: Bullish Flag Hints at Gains Above 1.2400

The EUR/USD price dropped for the second consecutive months in February as traders started to worry about low inflation. Today,…

Mar 01, 2021, 05:26 GMT

GBP/USD: Rally in the USD Is a Market Correction, Not a Sustained Recovery – MUFG

The GBP/USD met with more selling on Friday, marking a 2nd straight day of steep selloffs. These follow a slew…

Feb 26, 2021, 17:59 GMT

EUR/USD Falls Steeply; Could Drop Below 1.2000 As ECB Policymaker Calls for PEPP Acceleration

The EUR/USD is down sharply, with losses accelerating in the New York session as the European Central Bank's policymaker Yannis…

Feb 26, 2021, 17:30 GMT