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EUR/USD Price Analysis: Remains subdued near 1.0500 within a rising wedge pattern
EUR/USD Price Analysis: Remains subdued near 1.0500 within a rising wedge pattern
The EUR/USD pair edges lower after gaining some good profits in the previous session, trading around 1.0500 during the Asian session on Friday.
EURUSD
Technical Analysis
Majors
NZD/USD Price Analysis: Bulls surge to back to highs since January, eyeing 100-day SMA retest
NZD/USD Price Analysis: Bulls surge to back to highs since January, eyeing 100-day SMA retest
The NZD/USD pair staged an impressive rally on Thursday, climbing 1.03% to close at 0.5765, marking its highest point since January.
NZDUSD
Majors
Currencies
Technical Analysis
USDCHF moves toward low of trading range since mid-December
USDCHF moves toward low of trading range since mid-December
USDCHF tests key support level as broad USD weakness persists
CHF
USD
GBPUSD tests 100 day MA/swing area. Key level for buyers and sellers.
GBPUSD tests 100 day MA/swing area. Key level for buyers and sellers.
The swing area comes in between 1.26596 to 1.2670. 100-day MA at 1.2666
GBP
USD
Canadian Dollar rises as PPI strengthens
Canadian Dollar rises as PPI strengthens
The Canadian Dollar appreciated against the Greenback on Thursday.
USDCAD
Majors
Fundamental Analysis
Technical Analysis
SEO
Mexican Peso surges ignoring dovish tilted Banxico’s minutes
Mexican Peso surges ignoring dovish tilted Banxico’s minutes
The Mexican Peso staged a comeback, rising over 0.23% against the Greenback.
USDMXN
Banxico
Fundamental Analysis
Technical Analysis
SEO
EURUSD races above swing area topside target with little resistance
EURUSD races above swing area topside target with little resistance
EURUSD extends bullish breakout, surpassing swing area with ease. Momentum driven by strong technical support points to retest last week's high at 1.05137.
EUR
USD
USDCAD breaks below the 100 hour MA. Can the momentum lower continue?
USDCAD breaks below the 100 hour MA. Can the momentum lower continue?
Close risk for sellers on the break is now 1.4208 for traders looking for more downside in the USDCAD currency pair
CAD
USD
EUR/USD Price Analysis: Bulls reclaim ground after bouncing off key support
EUR/USD Price Analysis: Bulls reclaim ground after bouncing off key support
After a sharp three-day decline that saw EUR/USD shed more than 0.50% of its value following last week’s rally, bulls regained control on Thursday.
EURUSD
Majors
Currencies
Technical Analysis
US dollar moves to new lows
US dollar moves to new lows
USDJPY moves a down toward 50% retracement target
GBP/USD rises above 1.2600 on weak US jobs data
GBP/USD rises above 1.2600 on weak US jobs data
The Pound Sterling climbs against the Greenback and crosses the 1.2600 figure on Thursday, with traders awaiting the release of UK Retail Sales data.
GBPUSD
Majors
Fundamental Analysis
Technical Analysis
The USD is lower to start the US session. What are the technical telling traders now?
The USD is lower to start the US session. What are the technical telling traders now?
A technical look at the EURUSD, USDJPY and GBPUSD to kickstart the trading day.
EUR/USD can move to parity around the middle of the year – Rabobank
EUR/USD can move to parity around the middle of the year – Rabobank
President Trump has shifted the axis of US foreign policy since his return to power just one month ago.
EURUSD
Technical Analysis
Banks
JPY leads gains in majors – Scotiabank
JPY leads gains in majors – Scotiabank
The Japanese Yen (JPY) is leading the currency run higher on the US Dollar (USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDJPY
Technical Analysis
Banks
GBP/USD regains 1.26 handle – Scotiabank
GBP/USD regains 1.26 handle – Scotiabank
Sterling is a little firmer on the session, regaining the low 1.26 zone where recent gains have stalled.
GBPUSD
Technical Analysis
Banks
EUR recovers to low/mid 1.04s – Scotiabank
EUR recovers to low/mid 1.04s – Scotiabank
The Euro (EUR) has managed a fairly solid-looking short-term rebound from yesterday’s low near 1.04 on little news other than the broader mood-shift on the USD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks
CAD lags peers and holds range – Scotiabank
CAD lags peers and holds range – Scotiabank
The Canadian Dollar (USD) is a little firmer on the session but it is lagging its commodity peers (AUD, NZD) and the spot market is still essentially range trading and awaiting developments, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Canada
BOC
Banks
Technical Analysis
DXY: Markets anticipate hot inflation – Scotiabank
DXY: Markets anticipate hot inflation – Scotiabank
The general US Dollar (USD) rebound that has developed over the course of this week is showing signs of stumbling, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Technical Analysis
Banks
USD/CNH: Above 7.2960, USD can stop declining – UOB Group
USD/CNH: Above 7.2960, USD can stop declining – UOB Group
US Dollar (USD) is expected to trade between 7.2700 and 7.2900.
USDCNY
USDCNH
Technical Analysis
Banks
NZD/USD: Upward momentum has slowed – UOB Group
NZD/USD: Upward momentum has slowed – UOB Group
Outlook is mixed; New Zealand Dollar (NZD) is likely to trade in a 0.5675/0.5725 range vs US Dollar (USD).
NZDUSD
Technical Analysis
Banks
AUDUSD Technical Analysis – The AUD outperforms on a series of positive news
AUDUSD Technical Analysis – The AUD outperforms on a series of positive news
The AUDUSD pair reached a new high following a series of positive news for the Australian Dollar like the RBA’s hawkish cut, the strong employment report and the positive Trump’s comments on a trade deal with China. What’s next?
AUD
USD
AUD/USD is under mild downward pressure – UOB Group
AUD/USD is under mild downward pressure – UOB Group
Australian Dollar (AUD) is under mild downward pressure vs US Dollar (USD); it could edge lower but is unlikely to break below 0.6305 (there is another support at 0.6325).
AUDUSD
Technical Analysis
Banks
Euro Trade Idea with a 'tradeCompass approach' to partial profit taking
Euro Trade Idea with a 'tradeCompass approach' to partial profit taking
This is a short idea for Euro (no fill yet, waiting for price to rise), incorporating tradeCompass insights on value areas, key levels, liquidity pools, POCs, and VWAPs to manage risk and secure profits in stages rather than relying on an all-or-nothing move.
TradeCompass
EUR
EUR/USD to consolidate around current levels – Danske Bank
EUR/USD to consolidate around current levels – Danske Bank
EUR/USD has remained rangebound this week, trading with a slight downward bias within the 1.04-1.05 range, as FX markets largely shrugged off Trump's latest tariff threats after he proposed 25% tariffs on autos, chips, and pharma imports , Danske Bank's FX analyst Mohamad Al-Saraf reports.
EURUSD
Technical Analysis
Banks
Levels
EUR: New theme alert – fiscal risk premium – ING
EUR: New theme alert – fiscal risk premium – ING
The euro is looking soft on the crosses and a new theme may be coming into play on the back of geopolitical developments.
EURUSD
Technical Analysis
Banks
USDCHF Technical Analysis – Some days of relief for the greenback
USDCHF Technical Analysis – Some days of relief for the greenback
The USDCHF pair pulled back into the broken trendline as the US Dollar regains some ground after last week’s losses. What’s next?
CHF
USD
USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200
USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200
The USD/CAD pair remains steady after registering gains for the last two successive days, trading near 1.4220 during early European hours on Thursday.
USDCAD
Technical Analysis
Majors
EUR/USD Price Forecast: First upside barrier emerges above 1.0450
EUR/USD Price Forecast: First upside barrier emerges above 1.0450
The EUR/USD pair recovers some lost ground to near 1.0425 during the early European trading hours on Thursday.
EURUSD
Majors
Technical Analysis
GBP/JPY Price Analysis: Falls toward 189.00 after breaking below nine-day EMA
GBP/JPY Price Analysis: Falls toward 189.00 after breaking below nine-day EMA
GBP/JPY extends its decline for the second consecutive day, trading around 189.30 during Asian hours on Thursday.
GBPJPY
Crosses
Technical Analysis
NZD/USD Price Analysis: Pair holds above key support as market digests RBNZ decision
NZD/USD Price Analysis: Pair holds above key support as market digests RBNZ decision
The NZD/USD pair traded with limited volatility on Wednesday, rising slightly to 0.5705 as the market digested the Reserve Bank of New Zealand’s (RBNZ) latest policy decision.
NZDUSD
Majors
Currencies
Technical Analysis
S&P and NASDAQ index trade to new session highs
S&P and NASDAQ index trade to new session highs
S&P index on pace for another record close
Canadian Dollar extends losses as Fed officials remain concerned on inflation
Canadian Dollar extends losses as Fed officials remain concerned on inflation
The Canadian Dollar (CAD) retreats against the US Dollar on Wednesday, with the USD/CAD pair remaining afloat above the 1.4200 handle amid renewed fears about US President Donald Trump's tariff threats.
USDCAD
BOC
Fundamental Analysis
Technical Analysis
SEO
Mexican Peso ends day with losses ahead of Banxico’s minutes
Mexican Peso ends day with losses ahead of Banxico’s minutes
The Mexican Peso lost ground and slumped to a two-day low against the Greenback on Wednesday as US President Donald Trump targeted tariffs on cars, pharmaceuticals and computer chips.
USDMXN
Banxico
Fundamental Analysis
Technical Analysis
SEO
EURUSD sellers push the pair to the support target at 1.0405 level. Key target for traders
EURUSD sellers push the pair to the support target at 1.0405 level. Key target for traders
The 1.0405 level in the EURUSD is the 200-hour MA and the 50% midpoint of the EURUSD range since the 2022 low
EUR
USD
AUDUSD buyers remain in control after failing to move lower after RBA cut yesterday
AUDUSD buyers remain in control after failing to move lower after RBA cut yesterday
What would hurt the buyer's momentum? Or keep the buyers happy? I will talk about it in the video.
AUD
USD