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USD/TRY Price Analysis: Bulls remain hopeful whilst above 21-SMA on 4H chart

USD/TRY Price Analysis: Bulls remain hopeful whilst above 21-SMA on 4H chart

USD/TRY is choosing up clean bids after Friday’s retreat. Record highs of 9.85 eyed amid bullish RSI, as 21-SMA help holds. The pair eyes a symmetrical triangle breakout on the 4H chart. USD/TRY is maintaining…

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USD/INR Price News: Indian rupee buyers await a breakout of bull flag

USD/INR Price News: Indian rupee buyers await a breakout of bull flag

USD/INR bull flag performs out as predicted in advance of the FOMC. Bulls will be searching for alerts of a correction to the upside and an eventual bullish breakout. As per the prior analysis, USD/INR…

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Silver Price Analysis: XAG/USD dives to $24.22 on Fed Powell’s comments

Silver Price Analysis: XAG/USD dives to $24.22 on Fed Powell’s comments

Silver dives from $24,85 to $24.20 after Powell’s speech. Fed Powell confirms QE tapering and demand for metals plunge. XAG/USD stays bullish, with the $24,85 resistance place on focus. Silver futures have pulled lower back…

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GBP/USD Price Analysis: Flirts with session lows, around 1.3800 amid a modest USD strength

GBP/USD Price Analysis: Flirts with session lows, around 1.3800 amid a modest USD strength

The GBP/USD pair witnessed some promoting on Thursday and dropped to sub-1.3800 tiers at some point of the first half of of the buying and selling action, even though lacked any follow-through. The risk-off impulse…

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USD/CAD trims weekly losses, approaches 1.2400

USD/CAD trims weekly losses, approaches 1.2400

USD/CAD pares some weekly losses amid extensive US greenback electricity throughout the board. Risk-on market mood, depicted via US inventory indexes, hurts safe-haven currencies, barring for the greenback. The Loonie falls, no matter rising crude…

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USD/CHF to suffer a substantial drop to the 0.9073 mark – Commerzbank

USD/CHF to suffer a substantial drop to the 0.9073 mark – Commerzbank

USD/CHF’s sell-off has examined the 55-day transferring common (DMA) at 0.9204. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to slide again to the 2020-2021 uptrend at 0.9073. USD/CHF provided…

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AUD/USD Price Analysis: Off three-week tops, attacks 0.7300 as China woes resurface

AUD/USD Price Analysis: Off three-week tops, attacks 0.7300 as China woes resurface

AUD/USD eases from multi-week tops amid China concerns. Acceptance above the 50-DMA barrier is quintessential for the AUD bulls. Focus shifts to the quintessential US Nonfarm payrolls data. AUD/USD has wiped out early beneficial properties…

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USD/CNH: Bulls and bears jostle above $6.4500 on China’s return amid brighter mood, upbeat data

USD/CNH: Bulls and bears jostle above $6.4500 on China’s return amid brighter mood, upbeat data

USD/CNH bounces off intraday low, stays sidelined for the 2nd consecutive 2d day. China Caixin Services PMI, US debt ceiling extension choose danger appetite. Firmer sentiment weighs on USD in advance of US NFP. USD/CNH…

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S&P 500 Futures portray anxiety over US debt ceiling extension, China news

S&P 500 Futures portray anxiety over US debt ceiling extension, China news

S&P five hundred Futures fade rebound from weekly low, mildly provided at the latest. US President decided to get the debt restrict prolonged regardless of sturdy rejection from Republicans. Sino-American headlines recommend a pause in…