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NZD/USD Price Analysis: Remains pressured towards 200-day EMA support

NZD/USD Price Analysis: Remains pressured towards 200-day EMA support

NZD/USD stays depressed round month-to-month low, 50% Fibonacci retracement of May-August fall. Bearish MACD, screw ups to move 50-day EMA hold dealers hopeful. NZD/USD takes presents round 0.7060, after checking out the lowest ranges in…

Market News
GBP/USD testing post BoE lows as Brexit, BoE risks weigh

GBP/USD testing post BoE lows as Brexit, BoE risks weigh

GBP/USD bears are stepping up in droves as Brexit woes dig in. US CPI despatched the dollar on a tear and the divergence between BoE and the Fed is taking its toll on GBP. Sterling…

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Gold Price Forecast: XAU/USD consolidates post-US inflation gains around $1,850

Gold Price Forecast: XAU/USD consolidates post-US inflation gains around $1,850

Gold snaps five-day uptrend to step again from the easiest degrees considering June. Market sentiment dwindles as US banking vacation restricts bond moves. Evergrande, Fed price hike and Sino-American section 1 deal in focus. Gold…

Market News
EUR/CHF to rebound from 1.05 towards the 1.07 level – SocGen

EUR/CHF to rebound from 1.05 towards the 1.07 level – SocGen

EUR/CHF is drifting in the direction of 2020 low of 1.0500, If the pair holds above here, we may want to see a rebound toward 1.0700, in accordance to economists at Société Générale. 1.0500 to…

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AUD/USD bounces off multi-week lows, down little ahead of US CPI

AUD/USD bounces off multi-week lows, down little ahead of US CPI

AUD/USD trimmed a phase of its intraday losses to four-week lows. The risk-off mood, greater USD saved a lid on any significant gains. The center of attention stays glued to Wednesday’s launch of the US…

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Gold Price Forecast: XAU/USD to enjoy a deeper recovery to $1917 on a breach of $1834/36 – Credit Suisse

Gold Price Forecast: XAU/USD to enjoy a deeper recovery to $1917 on a breach of $1834/36 – Credit Suisse

Gold stays barely under $1834/36 however has elevated in the momentary as Real Yields fall. Still, the yellow metallic desires to surpass this area to maintain a deeper recovery, in accordance to strategists at Credit…

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USD/CAD to move downward to 1.20 by late 2022 – BMO

USD/CAD to move downward to 1.20 by late 2022 – BMO

USD/CAD stays caught in a vary under mid-1.2400s. But given the Bank of Canada’s coverage stance, economists at the Bank of Montreal count on the pair to part decrease toward 1.20 by way of late…

Market News
USD/INR Price Analysis: Bulls eye a 61.8% golden ratio target

USD/INR Price Analysis: Bulls eye a 61.8% golden ratio target

USD/INR bears are taking manage and are shifting into each day support. USD/INR should be in for a bullish correction to check the 61.8% Fibo. The fee of USD/INR has been in the arms of…

Market News
USD/CHF risk reversal jumps the most in a week

USD/CHF risk reversal jumps the most in a week

The picks market turns most bullish on the USD/CHF in over a week, per the modern day facts from Reuters. One-month hazard reversal (RR) of USD/CHF, a gauge of calls to puts, snaps a three-day…

Market News
Silver Price Analysis: XAG/USD again eases from 200-day EMA

Silver Price Analysis: XAG/USD again eases from 200-day EMA

Silver refreshes intraday low, snaps three-day uptrend round two-week high. Firmer Momentum line, sustained ruin of 100-day EMA want buyers. Sellers have a couple of boundaries earlier than retaking controls, two-month-old horizontal hurdle will become…