Forex Analysis — Page 4

USDCHF breaks below consolidation range The US dollar remains subdued as the Fed offers no signs of tapering. After falling...

USDJPY rises to major resistance The Japanese yen stayed muted after the Bank of Japan revised down its inflation forecasts....

EURUSD pulls back to support The euro popped higher after the Eurozone’s bond yields rose on improved sentiment. The pair...

US 30 bounces off key support The Dow Jones recoups losses as investors expect some leeway for President Biden’s fiscal...

USDCAD breaks out of range The Canadian dollar surged after the BoC announced a reduction of its asset purchasing program....

GBPUSD breaks to 4-week high The pound rallied across the board after the UK’s unemployment rate fell from 5.1 %...

EURUSD breaks above key resistance The euro recoups last month’s losses as traders reposition themselves for this week’s ECB meeting....

GER 30 resumes uptrend With the fear of reflation now taking a backseat, improved risk sentiment is pushing equity markets...

NZDUSD recovers above daily MA The New Zealand dollar gained support after the RBNZ kept its monetary policy unchanged. The...

EURUSD tests major resistance A 2.6% yoy rise in US CPI has so far failed to impress traders as the...

USDCHF retreats to major support The US dollar is treading water as traders await inflation data which would dictate the...

GBPUSD meets critical support The pound falls back as traders take profit after a strong performance from the start of...