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Fxstreet
EUR/USD breaks short-term channel – Société Générale
EUR/USD is regaining upside traction after defending its 50-DMA and breaking above a short-term channel, with momentum indicators supporting a test of key resistance levels, Société Générale's FX analysts note.
EURUSD
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group
US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
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Fxstreet
USD: The US-China deal – Commerzbank
The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.
DollarIndex
Banks
China
Fed
Technical Analysis
News Discussion Forum
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Fxstreet
USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group
The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run, Increase in momentum is not sufficient to indicate a sustained advance just yet; US Dollar (USD) must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Pete
USDJPY
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
DXY: Data matters – OCBC
US Dollar (USD) fell on softer than expected CPI. This puts focus on PPI data tonight (8:30pm) before the lead up to FOMC next week. DXY was last at 98.40 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DollarIndex
Technical Analysis
Banks
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Fxstreet
USD: Dollar's glass is half empty – ING
It is fair to say that dollar price action has been poor.
DollarIndex
Banks
Technical Analysis
Fed
News Discussion Forum
By
Fxstreet
NZD/USD: Likely to trade in a sideways range of 0.6015/0.6055 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.6015/0.6055 against US Dollar (USD). In the longer run, upward momentum remains largely unchanged, but there is a chance for NZD to test 0.6095, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZDUSD
Technical Analysis
Banks
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Fxstreet
EUR/USD: ECB boosting appeal – OCBC
Euro (EUR) extended its move above 1.15-handle on broad US Dollar (USD) softness overnight (post-CPI) and ECB comments. EUR was last at 1.1552 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EURUSD
Banks
Technical Analysis
News Discussion Forum
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Fxstreet
AUD/USD: Expected to trade in a range – UOB Group
Australian Dollar (AUD) is expected to trade in a range against US Dollar (USD), likely between 0.6490 and 0.6535. In the longer run, bias remains on the upside, but it remains to be seen if AUD can break clearly above 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
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Fxstreet
Antipodeans: Consolidating upward trend – ING
The Australian and New Zealand dollars are consolidating recent gains as US-China trade tensions have abated, while the USD failed to regain much ground, ING's FX analyst Chris Turner notes.
Banks
Technical Analysis
AUDUSD
News Discussion Forum
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Fxstreet
GBP/USD: Unlikely to reach 1.3620 for now – UOB Group
Further rebound is not ruled out, but Pound Sterling (GBP) is unlikely to reach 1.3620 against US Dollar (USD). In the longer run, GBP appears to have moved into a 1.3495/1.3620 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Technical Analysis
Banks
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Fxstreet
GBP: A little underperformance coming through – ING
Some softer UK April GDP data this morning has seen sterling come under more pressure, ING's FX analyst Chris Turner notes.
Banks
Technical Analysis
GBPUSD
EURGBP
News Discussion Forum
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Fxstreet
EUR/USD: Likely to continue rising towards 1.1575 – UOB Group
Scope for Euro (EUR) to continue to rise; the major resistance at 1.1535 is probably out of reach for now. In the longer run, EUR could continue to rise to 1.1535; it is too early to tell if there is enough momentum for it to reach 1.1575, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EURUSD
Technical Analysis
Banks
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Fxstreet
EUR: Everyone loves the Euro – ING
The Euro (EUR) has been doing well this week and seems to be the big winner from the de-dollarisation story, ING's FX analyst Chris Turner notes.
EURUSD
Banks
Technical Analysis
News Discussion Forum
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Fxstreet
NZD/USD Price Forecast: Tests nine-day EMA support near 0.6000
NZD/USD is extending its losses for the second successive session, trading around 0.6020 during the European hours on Thursday. The technical analysis of the daily chart suggests a bullish bias as the pair moves upwards within an ascending channel pattern.
NZDUSD
Technical Analysis
Majors
News Discussion Forum
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Fxstreet
USD/CHF Price Forecast: Trades below 0.8200 after retreating from nine-day EMA barrier
The USD/CHF pair continues to lose ground for the second consecutive day, trading around 0.8170 during the European hours on Thursday. However, the bearish bias is prevailing as the pair moves downwards within the descending channel pattern, indicated by the daily chart’s technical analysis.
USDCHF
Majors
Technical Analysis
Switzerland
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Forex Live
Gold Technical Analysis – Safe haven flows boost the precious metal
Gold remains mostly rangebound but with a bullish tilt amid positive big picture fundamentals
Gold
News Discussion Forum
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Fxstreet
US Dollar Index Price Forecast: Outlook remains bearish, key support level emerges near 98.00
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, tumbles to the lowest level in seven weeks near 98.35 due to rising expectations of Federal Reserve (Fed) rate cuts this year and persistent uncertainty over tariff battles.
DollarIndex
Technical Analysis
Majors
UnitedStates
News Discussion Forum
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Fxstreet
USD/CAD Price Forecast: Falls to near 1.3650, eight-month lows
The USD/CAD pair is retracing its recent gains registered in the previous session, trading around 1.3660 during the Asian hours on Thursday.
USDCAD
Majors
Technical Analysis
News Discussion Forum
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Fxstreet
GBP/JPY Price Forecast: Remains depressed near mid-195.00s ahead of UK monthly GDP
The GBP/JPY cross struggles to capitalize on the previous day's modest gains and attracts fresh sellers during the Asian session on Thursday, though it lacks follow-through.
GBPJPY
TradeWar
BOE
Technical Analysis
Currencies
News Discussion Forum
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Forex Live
FX option expiries for 12 June 10am New York cut
A look at what is on the board for today
USD
News Discussion Forum
By
Fxstreet
EUR/JPY Price Forecast: Trades below 166.00 after pulling back from eight-month highs
EUR/JPY halts its five-day winning streak, trading around 165.80 during the Asian hours on Thursday. The strengthening of a bullish bias appears as the currency cross moves upwards within an ascending channel pattern, suggested by the technical analysis of the daily chart.
EURJPY
Crosses
Technical Analysis
News Discussion Forum
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Fxstreet
AUD/JPY Price Forecast: Hits monthly high, retreats below 94.00 as bearish signal emerges
The AUD/JPY failed to clear the 94.00 resistance level and dropped by over 0.56% on Wednesday, following a monthly high of 94.73, after an upbeat risk mood and a weaker-than-expected US inflation report. At the time of writing, the pair traded near 93.90, virtually unchanged.
AUDJPY
Technical Analysis
Crosses
Currencies
News Discussion Forum
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Fxstreet
Silver Price Forecast: XAG/USD stumbles below $36.50 despite softer US CPI
Silver price reverses course on Wednesday as the North American session ends, edging down 0.87%. Although US inflation eased in May, typically a signal that would support rate cuts by the Federal Reserve (Fed) and weigh on the US Dollar, it failed to underpin the grey metal.
Technical Analysis
XAGUSD
Silver
Metals
News Discussion Forum
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Fxstreet
EUR/USD extends gains on dovish US CPI, flirts with 1.15
The EUR/USD surged during the North American session but remains shy of clearing the 1.1500 figure, following the release of a softer-than-expected inflation report in the United States (US), which could prompt the Federal Reserve (Fed) to reduce borrowing costs in the near term.
EURUSD
Majors
Technical Analysis
Fundamental Analysis
SEO
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Forex Live
NZDUSD test the old ceiling area. Do buyers hold support or sellers make a push lower?
Swing area between 0.6018 to 0.60284 is being tested going into the close/new trading day.
NZD
USD
News Discussion Forum
By
Fxstreet
AUD/USD edges lower as investors remain focused on inflation and rate expectations
The Australian Dollar (AUD) is trading lower against the US Dollar (USD) on Wednesday, erasing earlier gains following the progress in US-China trade talks.
AUDUSD
Macroeconomics
Fundamental Analysis
Australia
Technical Analysis
News Discussion Forum
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Forex Live
GBPUSD is stretching higher and ticks above high from yesterday
The swing level at 1.35638 is being breached
GBP
News Discussion Forum
By
Fxstreet
Gold price surpassed $3,350 as traders bet on Fed pivot post-CPI
Gold prices posted modest gained over 0.97% on Wednesday as the latest inflation report in the United States (US) revealed that prices are cooling. Hence, investors increased their bets that the Federal Reserve (Fed) would resume its easing cycle in September. The XAU/USD trades at $3,363.
Gold
XAUUSD
Technical Analysis
Fundamental Analysis
SEO
News Discussion Forum
By
Fxstreet
USD/CHF weakens as President Trump’s tax bill comes back in focus
The Swiss Franc (CHF) is receiving a slight boost against the US Dollar (USD) during the American session on Wednesday, with a weaker Greenback driving gains.
USDCHF
Majors
Macroeconomics
Fundamental Analysis
Technical Analysis
News Discussion Forum
By
Fxstreet
GBP/USD climbs as US CPI miss fuels Fed rate cut bets
GBP/USD advances on Wednesday during the North American session, boosted by a weaker-than-expected consumer inflation report in the United States (US), which increased speculation that the Federal Reserve (Fed) may reduce borrowing costs twice in 2025.
GBPUSD
Technical Analysis
Majors
Fundamental Analysis
News Discussion Forum
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Forex Live
USDJPY defines the technical levels in play after up and down volatility on US CPI.
The 50% of the range since May stalled the rally. The 200-hour MA stalled the fall.
News Discussion Forum
By
Forex Live
NZDUSD rally stalls at resistance after CPI spark
Watch the video as price lifts on soft inflation data but struggles at weekly highs—key support and resistance levels now define the next move
NZD
USD
News Discussion Forum
By
Fxstreet
Silver slips as price retreats from overbought territory on easing US-China trade talks
Silver prices are easing on Wednesday, retreating from multi-year highs as bullish momentum fades and traders lock in profits.
Silver
XAGUSD
Metals
Technical Analysis
News Discussion Forum
By
Forex Live
EURUSD pushes higher after soft CPI but stalls at key resistance
Softer US inflation boosts euro bulls, but 1.1500 remains a stubborn ceiling as technicals tighten
EUR
USD
News Discussion Forum
By
Fxstreet
EUR/USD climbs above 1.1450 after US inflation data
EUR/USD gained traction and advanced toward 1.1500 in the early American session on Wednesday. The pair was last seen trading at 1.1465, rising 0.35% on a daily basis.
EURUSD
Majors
Technical Analysis
Currencies
Macroeconomics
News Discussion Forum
By
Forex Live
US CPI sends the USDCHF lower, but there is a limit to the selling
What key levels are in play for the USDCHF after the lower US CPI data.
CHF
USD
News Discussion Forum
By
Forex Live
The USD is little changed ahead of US CPI data. What key levels are in play through CPI?
The video outlines the key technical levels in play for the EURUSD, USDJPY and GBPUSD to kickstart the US trading day ahead of the key US CPI data.
News Discussion Forum
By
Fxstreet
CAD soft and trading somewhat defensively despite higher oil prices – Scotiabank
The Canadian Dollar (CAD) is entering Wednesday’s NA session with a marginal decline vs. the US Dollar (USD) as it trades somewhat defensively from Tuesday’s close, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
Canada
BOC
News Discussion Forum
By
Fxstreet
USD: All eyes on US CPI – Scotiabank
Markets are quiet and shrugging off the successful conclusion of US/ China talks, eyeing the outcome with a certain degree of skepticism.
Banks
DollarIndex
Technical Analysis
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