Market News

The comdolls weakened against their major counterparts today and AUD/USD is no exception. Will the pair extend a weeks-long trend today?

GBP/JPY is retesting a range resistance that has held at least twice in the last week! Will the pair turn lower another time? Or will we see a breakout today?

Without major economic catalysts on the forex calendar, it was central bank speak that shook things up and drove currencies this week!

Interest rate expectations was the focal point again, dominated by rhetoric from Fed members whose refusal to call a rate hike peak pushed the Dollar higher.

USD/CHF looks ready to turn lower from a short-term resistance! Will we see a decent pullback in the next trading sessions?

NZD/USD looks set to retest a short-term range resistance! Will the pair stick to its consolidation? Or will we see a breakout in the next few hours?

FOMC Chairman Powell is up today! How will his speech factor in today’s themes and USD/CHF’s current uptrend?

Today’s RBA decision dragged AUD/NZD to a key short-term support! Will the pair’s range pattern hold today? Or will AUD bears force a downside breakout?

Start-of-week trading put the British pound ahead of its peers today. How will GBP/AUD traders react to the pair possibly hitting key short-term resistance levels?

Thanks to falling Fed rate hike expectations, USD was a big loser & risk-on sentiment was turned back on, leading to big wins from AUD & NZD!

Equities and crypto were big winners this week as traders navigated between fresh business sentiment surveys,  geopolitics and central bank statements. 

The U.S. and Canada publishing their latest labor market data means we gotta take a closer look at USD/CAD! Will today’s headlines maintain the pair’s downtrend?

GBP/CAD just got rejected from a previous resistance area! Is the pair ready for a short-term reversal?

USD/CAD is consolidating ahead of the Fed’s November statement! Which way will the pair go in the next trading sessions?

NZD/USD is testing a key resistance zone! Is it time for the pair to see a decent pullback?

USD/CHF hit a short-term resistance just as Uncle Sam is about to print its core PCE price index! Which way will USD/CHF go in the next trading sessions?

EUR/AUD got rejected near its previous highs! How low can the pair go before the bulls charge back?

Who else is watching the Loonie ahead of the BOC’s policy decision? If you are, then you’ll want to check out CAD/CHF’s short-term range in the 15-minute chart.

AUD/USD took a chill pill from its upswing today! Are there enough bulls around a broken resistance area to extend the pair’s uptrend?

EUR/GBP just bounced from the .8700 major psychological handle! Will this lead to EUR/GBP revisiting last week’s highs?