NZDUSD buyers are leaning against progressively higher technical levels. What next?
a month ago
NZDUSD buyers are leaning against progressively higher technical levels. What next?
The 100-hour moving average stalled the fall in trading today.
NZD
USD
AUDUSD falling on risk-off sentiment.Price tests 200 hour MA level at 0.6346.
a month ago
AUDUSD falling on risk-off sentiment.Price tests 200 hour MA level at 0.6346.
US stocks are lower leading to some risk-off sentiment in the AUDUSD.
GBP/USD holds firm after hitting 9-week high
a month ago
GBP/USD holds firm after hitting 9-week high
The Pound Sterling remains firm against the Greenback during the North American session on Monday yet retraced earlier gains after hitting a 9-week high of 1.2690 amid some US dollar weakness.
GBPUSD
Fundamental Analysis
Technical Analysis
Majors
EUR/USD Price Analysis: Bulls struggle as pair retreats from 100-day SMA
a month ago
EUR/USD Price Analysis: Bulls struggle as pair retreats from 100-day SMA
The EUR/USD pair started the week on a cautiously positive note, climbing toward recent highs before encountering strong resistance near the 100-day Simple Moving Average (SMA).
EURUSD
Majors
Currencies
Technical Analysis
US stocks give up early gains. NASDAQ index now down on the day
a month ago
US stocks give up early gains. NASDAQ index now down on the day
The 200 hour moving average held resistance in the early bounce
Stocks
USDCHF fell below a floor area and failed.  Sellers had their shot.  They missed.
a month ago
USDCHF fell below a floor area and failed. Sellers had their shot. They missed.
The buyers back in control above the lower floor between 0.8965 and 0.89745. Topside resistance at 0.8997 to 0.9011.
CHF
USD
USDCAD is confined to a narrow range and waiting for the next shove
a month ago
USDCAD is confined to a narrow range and waiting for the next shove
The USDCAD has seen the price action move above and below the 100/200 hour MAs with 1.4200 as the bottom support. Stay above is a tilt to the upside for the pair.
USD/CAD: USD-bearish technical signals show up on charts – Scotiabank
a month ago
USD/CAD: USD-bearish technical signals show up on charts – Scotiabank
USD-bearish technical signals noted recently ('engulfing' patterns on the daily and weekly charts and a key reversal week on the 'regular' charts) remain the salient features of USD/CAD’s technical picture, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
USDCAD
Banks
EUR firms briefly on German election – Scotiabank
a month ago
EUR firms briefly on German election – Scotiabank
The German federal election result yielded the expected shift to the right—a win for the conservative CDU/CSU and gains for the far-right AfD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks
USD is trading steady on the day – Scotiabank
a month ago
USD is trading steady on the day – Scotiabank
The US Dollar (USD) is little changed in quiet trade. Overnight price action saw the Euro (EUR) advance in response to the anticipated win for the center-right in Germany’s federal election but the result was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
DollarIndex
USD/CNH: To trade in a sideways range between 7.2350 and 7.2650 – UOB Group
a month ago
USD/CNH: To trade in a sideways range between 7.2350 and 7.2650 – UOB Group
US Dollar (USD) is expected to trade in a sideways range between 7.2350 and 7.2650 vs Chinese Yuan (CNH).
USDCNY
USDCNH
Technical Analysis
Banks
EUR/GBP hovers around the 0.8300 mark – Danske Bank
a month ago
EUR/GBP hovers around the 0.8300 mark – Danske Bank
EUR/GBP continues to hover around the 0.8300 mark with an empty domestic macro calendar for the week ahead, Danske Bank's FX analyst Jens Nærvig Pedersen reports.
Technical Analysis
EURGBP
Banks
USD/JPY: To retest the 148.90 level – UOB Group
a month ago
USD/JPY: To retest the 148.90 level – UOB Group
Room for US Dollar (USD) to retest the 148.90 level vs Japanese Yen (JPY) before stabilisation is likely; significant support at 148.63 is unlikely to come into view.
USDJPY
Technical Analysis
Banks
NZD: RBNZ is up for a more gradual pace of easing– BBH
a month ago
NZD: RBNZ is up for a more gradual pace of easing– BBH
NZD/USD edge up a little before paring back gains, BBH's FX analysts report.
NZDUSD
RBNZ
Technical Analysis
Banks
Nasdaq Technical Analysis – Bad data spooks the market
a month ago
Nasdaq Technical Analysis – Bad data spooks the market
The Nasdaq sold off following the weak US Flash PMIs and the jump in long-term inflation expectations. What’s next?
Nasdaq Technical Analysis
GBP: BoE speakers in focus – ING
a month ago
GBP: BoE speakers in focus – ING
The UK published on Friday data showing a net public sector surplus of £15.4bn in January, which fell short of the £20bn estimated by the Office for Budget Responsibility in October alongside the Budget, ING’s FX analysts Francesco Pesole notes.
Technical Analysis
Banks
GBPUSD
NZD/USD: Likely to trade sideways between 0.5735 and 0.5770 – UOB Group
a month ago
NZD/USD: Likely to trade sideways between 0.5735 and 0.5770 – UOB Group
New Zealand Dollar (NZD) is likely to trade sideways between 0.5735 and 0.5770. In the longer run, boost in momentum suggests the major resistance at 0.5790 is back in sight, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
Banks
NZDUSD
USD: A week full of noise – ING
a month ago
USD: A week full of noise – ING
A slew of soft data and renewed expectations that US President Donald Trump's tariffs will only be a short-lived transactional measure hurt the dollar last week.
DollarIndex
Technical Analysis
Banks
AUD/USD: Expected to trade in 0.6355/0.6400 range – UOB Group
a month ago
AUD/USD: Expected to trade in 0.6355/0.6400 range – UOB Group
Australian Dollar (AUD) is expected to trade in 0.6355/0.6400 range. In the longer run, AUD could advance further, potentially reaching 0.6455, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
Banks
AUDUSD
EUR can bounce towards December high of 1.0630 – Societe Generale
a month ago
EUR can bounce towards December high of 1.0630 – Societe Generale
EUR/USD briefly challenged lows of January but has quickly rebounded after forming an important low near 1.0140, Societe Generale's FX analysts report.
EURUSD
Technical Analysis
Banks
GBP/USD: Likely to trade in a range between 1.2625 and 1.2680 – UOB Group
a month ago
GBP/USD: Likely to trade in a range between 1.2625 and 1.2680 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.2625 and 1.2680.
GBPUSD
Technical Analysis
Banks
EUR: Optimistic reaction to German vote – ING
a month ago
EUR: Optimistic reaction to German vote – ING
The German election results were broadly in line with opinion polls. The CDU/CSU is the leading party with 29%, followed by the far-right AfD at 21% and the SPD at 16%.
Technical Analysis
EURUSD
Banks
EUR/USD: Upward momentum suggests EUR could continue to advance – UOB Group
a month ago
EUR/USD: Upward momentum suggests EUR could continue to advance – UOB Group
Euro (EUR) is expected to trade in a 1.0450/1.0505 range vs the US Dollar (USD). In the longer run, rejuvenated upward momentum suggests EUR could continue to advance; the levels to monitor are 1.0530 and 1.0560, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
EURUSD
Banks
NZD/USD Price Forecast: Hovers around 0.5750 near nine-day EMA support
a month ago
NZD/USD Price Forecast: Hovers around 0.5750 near nine-day EMA support
The NZD/USD pair maintains its gains around 0.5750 during European trading hours on Monday.
NZDUSD
Majors
Technical Analysis
S&P 500 Technical Analysis – Bad economic data scares the market
a month ago
S&P 500 Technical Analysis – Bad economic data scares the market
The S&P 500 sold off on Friday following weak US Flash PMIs and record high long term inflation expectations. What’s next?
S&P Futures Technical Analysis
USD/CHF Price Forecast: Drops to near 0.8950 amid ongoing bearish bias
a month ago
USD/CHF Price Forecast: Drops to near 0.8950 amid ongoing bearish bias
The USD/CHF pair extends its losses for the third successive session, trading around 0.8960 during the Asian hours on Monday.
USDCHF
Technical Analysis
Majors
FX option expiries for 24 February 10am New York cut
a month ago
FX option expiries for 24 February 10am New York cut
A look at what is on the board for today
EUR/USD Price Forecast: Climbs beyond 1.0500, eyes 100-day SMA on German election results
a month ago
EUR/USD Price Forecast: Climbs beyond 1.0500, eyes 100-day SMA on German election results
The EUR/USD pair regains positive traction at the start of a new week and hits a near one-month top, around the 1.0525-1.0530 area during the Asian session amid renewed US Dollar (USD) selling bias.
EURUSD
Inflation
Technical Analysis
Germany
Currencies
Silver Price Forecast: XAG/USD keeps the bullish vibe above $32.50
a month ago
Silver Price Forecast: XAG/USD keeps the bullish vibe above $32.50
Silver price (XAG/USD) drifts higher to around $32.70 during the Asian trading hours on Monday.
Silver
XAGUSD
Commodities
Technical Analysis
Bullish
Silver Price Forecast: XAG/USD slips 1.20% as bullish  momentum fades below $33.00
a month ago
Silver Price Forecast: XAG/USD slips 1.20% as bullish  momentum fades below $33.00
Silver's price retreats on Friday and fails to capitalize on falling US yields.
Silver
XAGUSD
Technical Analysis
Bullish
AUD/JPY Price Analysis: Bears deepen losses as pair hits multi-week lows
a month ago
AUD/JPY Price Analysis: Bears deepen losses as pair hits multi-week lows
The AUD/JPY cross continued its downward trajectory on Friday to around 94.80, posting sharp losses and breaking through key technical support levels.
AUDJPY
Crosses
Currencies
Technical Analysis
AUDUSD falls as risk-off sentiment and technical sellers push the pair lower
a month ago
AUDUSD falls as risk-off sentiment and technical sellers push the pair lower
WIth US stocks sharply lower, risk-off flows are weakening the AUDUSD. Technically, the 38.2% retracement and falling 100 day MA helped to stall the rally at the highs today.
AUD
USD
USDJPY falls below the 50% midpoint
a month ago
USDJPY falls below the 50% midpoint
USDJPY breaks key support at 149.39, eyes on target at 148.637 for more downside potential.
JPY
USD
Mexican Peso slides on recession jitters following Q4 GDP slump
a month ago
Mexican Peso slides on recession jitters following Q4 GDP slump
The Mexican Peso (MXN) lost some ground against the US Dollar (USD) on Friday as the Mexican economy decelerated in the last quarter of 2024.
USDMXN
Banxico
Fundamental Analysis
Technical Analysis
SEO
GBPUSD falls away from 100 day MA after breaks above fail. Buyers had their shot & missed.
a month ago
GBPUSD falls away from 100 day MA after breaks above fail. Buyers had their shot & missed.
The 100-day MA at 1.26599 was broken with a high reaching 1.2678. Momentum higher has faded.
GBP
USD
The USDCHF is holding swing area support. Buyers leaning and staying in play.
a month ago
The USDCHF is holding swing area support. Buyers leaning and staying in play.
USDCHF maintains key support levels, triggering buy signals. Market sentiment bullish as buyers defend crucial swing area.
CHF
USD
EUR/USD Price Analysis: Bulls lose momentum as pair faces rejection at 100-day SMA
a month ago
EUR/USD Price Analysis: Bulls lose momentum as pair faces rejection at 100-day SMA
The EUR/USD pair faced a setback on Friday, declining by 0.44% to settle near 1.0450 after encountering firm resistance at the 100-day Simple Moving Average (SMA) around 1.0540.
EURUSD
Majors
Currencies
Technical Analysis
GBP/USD slips after hitting year-to-date high past 100-day SMA
a month ago
GBP/USD slips after hitting year-to-date high past 100-day SMA
The GBP/USD registers losses during the North American session after testing the 100-day Simple Moving Average (SMA) at 1.2658.
GBPUSD
Currencies
Fundamental Analysis
Technical Analysis
USDCAD keeps a technical lid on the rebound. Sellers in control.
a month ago
USDCAD keeps a technical lid on the rebound. Sellers in control.
USDCAD struggles to break above key moving averages, with sellers dominating amid US dollar weakness. Canadian retail sales data weighs on pair, focus on key support levels for potential bounce.
CAD
USD