EUR/USD’s rebound from 1.0766 finds resistance at 1.0875. The euro regains lost ground although it remains weighed by concerns about ECB’s QE. Below
Blogs
USD/MXN drops to lowest in three weeks, Mexican peso outperforming
The Mexican peso is up sharply against the US dollar on Friday and it climbed above key technical levels suggesting it could keep rising. The greenbac
Silver Price Analysis: XAG/USD on track to end the week in 3-week highs
XAG/USD is printing fresh May highs as the week comes to an end. The white metal is also trading above the main SMAs suggesting bullish momentum. A daily close
GBP/USD recovery accelerates beyond 1.2400
Sterling’s recovery from 1.2266 low on Thursday has gathered pace with the GBP/USD jumping past the 1.2400 level. The pair is regaining lost ground on
NY Fed's GDP Nowcast for Q2 2020 plummets to -31.2%
The US economy is expected to contract by 31.2% in the second quarter of the year, the Federal Reserve Bank of New York's latest Nowcasting Report sho
AUD/USD: Bears are gaining ground
AUD/USD has slipped out of the uptrend channel that has accompanied it since mid-March, and momentum on the daily chart has softened, FXStreet’s analy
EUR/JPY Price Analysis: Euro bears taking a breather vs. Japanese yen
EUR/JPY is trading in a bear trend below the main SMAs on the four-hour chart. However, the spot is correcting up and broke above the 115.45 resistance now tu
GBP/USD: Losing the uptrend support line could trigger a sharp sell-off
The cable is trading alongside a moderate uptrend support line that has been accompanying it since early April as the mid-May's daily chart is paintin
AUD/USD: Trying to seize Australian new normality
The Aussie benefited from the encouraging coronavirus situation at home but worsening Sino-American relations and concerns about the US economy limite
AUD/USD climbs above 0.6540 on fresh USD weakness
The AUD/USD pair dropped to a fresh session low of 0.6505 in the early trading hours of the American session with the initial reaction to the US jobs