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<p>The Eurozone single currency declined by 70 basis points or 0.59% against the Japanese Yen on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday’s trading session. All things being equal, the EUR/JPY exchange rate could edge lower within this session. The potential target for bearish tra

<p>The Australian Dollar surged by 59 basis points or 0.94% against the US Dollar on Friday. The 50– hour simple moving average provided support for the currency pair at 0.6321 during Friday’s trading session. Currently, the AUD/USD exchange rate is trading near the lower boundary of an ascending channel pattern at 0.6352. Most likely,

<p>The US Dollar declined by 112 basis points or 0.79% against the Canadian Dollar on Friday. The currency pair tested a support cluster at the 1.4002 during Friday’s trading session. Given that the exchange rate has jumped off from the support cluster formed by the 100– and 200– hour SMAs and the combination of the […]

<p>The New Zealand Dollar surged by 77 basis points or 1.30% against the US Dollar on Friday. The currency pair breached the 100– and 200– hour SMAs during Friday’s trading session. Everything being equal, the exchange rate will most likely continue to surge within this session. The possible target for the NZD/USD pair would be [&hellip

Oil prices have to extend their relentless tumble, with WTI dropping below $13 per barrel. The lockdowns imposed to curb the spread of coronavirus hav

Japan’s Trade Balance posted a modest surplus while USD/JPY is technically neutral in the short-term, according to FXStreet’s Chief Analyst Valeria Be

The USD/CAD pair stayed relatively quiet above the 1.4000 handle during the Asian session but started gathering momentum in the last hour as the ongoi

EUR/USD is prolonging the bounce off last week’s lows in the vicinity of the 1.0800 neighbourhood. This area of support is reinforced by the Fibo retr

The German economy is expected to stay in a severe recession in 2020, the Bundesbank said in its monthly report on Monday and noted that the recovery

The GBP/USD pair quickly reversed an early European session dip to the 1.2435 region and has now moved to the top end of its daily trading range. The