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EUR/USD Forecast: Trades At Fresh April Highs May Correct Lower In The Near-Term
Wednesday, April 14, 2021 - 5:12pm | 437Read More...EUR/USD Current Price: 1.1972 Risk appetite dominated the financial board and put further pressure on the greenback. US Fed’s chair Jerome Powell reiterated his well-known stance of holding back rate hikes. EUR/USD trades at fresh April highs may correct lower in the near-term. The EUR/USD...
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AUD/USD Forecast: Holding Within Familiar Levels Without Signs Of What's Next
Tuesday, April 13, 2021 - 6:37pm | 369Read More...AUD/USD Current Price: 0.7645 Australian data was mixed, as NAB’s Business Confidence contracted in March. Bouncing gold prices and US indexes saved the day for the aussie. AUD/USD is a holding within familiar levels without signs of what’s next. The AUD/USD pair recovered from a...
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EUR/USD Forecast: Bullish In The Near-Term And Could Extend Its Advance Beyond 1.2000
Tuesday, April 13, 2021 - 6:35pm | 471Read More...EUR/USD Current Price: 1.1944 Upbeat US inflation figures spurred risk appetite, to the detriment of the greenback. The German ZEW survey showed that business sentiment deteriorated sharply in April. EUR/USD is bullish in the near-term and could extend its advance beyond 1.2000. The EUR/USD...
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AUD/USD Forecast: Recovered From The 0.7600 Level, But The Bullish Potential Is Still Limited
Thursday, April 8, 2021 - 5:37pm | 334Read More...AUD/USD Current Price: 0.7649 A fresh one-month high in gold prices underpinned the aussie. Australia will publish the March AIG Performance of Services Index. AUD/USD recovered from the 0.7600 level, but the bullish potential is still limited. The AUD/USD pair recovered after bottoming around...
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EUR/USD Forecast: Has Room To Extend Its Advance Beyond The 1.2000 Mark
Thursday, April 8, 2021 - 5:34pm | 450Read More...EUR/USD Current Price: 1.1915 The ECB could start reducing its bond purchases during the summer. US unemployment claims unexpectedly surged in the week ended April 2. EUR/USD has room to extend its advance beyond the 1.2000 mark. The American dollar was once again the weakest, resulting in EUR/...
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AUD/USD Forecast: Poised To Challenge The April Monthly Low
Wednesday, April 7, 2021 - 4:34pm | 347Read More...AUD/USD Current Price: 0.7606 Mixed Australian data somehow hurt demand for the aussie. Global stocks traded with a soft tone throughout the day. AUD/USD is poised to challenge the April monthly low. The AUD/USD pair edged lower despite the broad dollar’s weakness, ending the day near a...
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EUR/USD Forecast: Retains Gains Near 1.1900 And Could Extend Its Gain Towards The 1.2000 Area
Wednesday, April 7, 2021 - 4:32pm | 458Read More...EUR/USD Current Price: 1.1865 FOMC Minutes passed unnoticed as the Fed reaffirmed its wait-and-see stance. Better than anticipated European data provided support to the shared currency. EUR/USD retains gains near 1.1900 and could extend its gain towards the 1.2000 area. The EUR/USD ...
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AUD/USD Forecast: Gains Bullish Traction, Still Needs To Move Above 0.7700
Tuesday, April 6, 2021 - 3:57pm | 377Read More...AUD/USD Current Price: 0.7662 The RBA left its monetary policy unchanged as widely anticipated. Broad dollar’s weakness helped the pair post a modest intraday advance. AUD/USD gains bullish traction, still needs to move above 0.7700. The AUD/USD pair finishes Tuesday with modest gains...
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EUR/USD Forecast: Technically Bullish In The Short-Term, Still Depends On The Greenback's Behaviour
Tuesday, April 6, 2021 - 3:47pm | 414Read More...EUR/USD Current Price: 1.1871 The EU April Sentix Investor Confidence printed at 13.1, beating expectations. US Treasury yields edged sharply lower, weighing on the American currency. EUR/USD is technically bullish in the short-term, still depends on the greenback’s behaviour. The American...
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AUD/USD Forecast: Holds On To Intraday Gains, Further Gains Will Depend On The RBA
Monday, April 5, 2021 - 4:59pm | 382Read More...AUD/USD Current Price: 0.7651 The Reserve Bank of Australia is expected to keep its monetary policy on hold. Risk appetite took over financial markets following upbeat US macroeconomic figures. AUD/USD holds on to intraday gains, further gains will depend on the RBA. The AUD/USD pair broke...
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EUR/USD Forecast: Recovered The 1.1800 Threshold, But Its Bullish Momentum Is Limited
Monday, April 5, 2021 - 4:54pm | 422Read More...EUR/USD Current Price: 1.1810 Wall Street’s rally on upbeat US data puts pressure on the greenback. US Treasury yields ticked lower, but the yield on the 10-y note holds around 1.70%. EUR/USD recovered the 1.1800 threshold, but its bullish momentum is limited. The EUR/USD pair is...
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EUR/USD Forecast: Shrugged Off Its Bearish Tone But Is Far From Signaling A Steeper Advance
Thursday, April 1, 2021 - 4:00pm | 483Read More...EUR/USD Current Price: 1.1771 US ISM Manufacturing PMI expanded in March at the fastest pace since 1983, jumping to 64.7. Most countries will be on holidays this Friday amid Good Friday. EUR/USD has shrugged off its bearish tone but is far from signaling a steeper advance. The dollar edged...
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AUD/USD Forecast: Bounced From A Fresh 2021 Low At 0.7531, Upside Still Limited
Thursday, April 1, 2021 - 3:51pm | 356Read More...AUD/USD Current Price: 0.7616 Australian trade surplus resulted at 7526 million, missing the expected 9700 million. Manufacturing output in Australia held within expansion levels in March. AUD/USD bounced from a fresh 2021 low at 0.7531, upside still limited. The AUD/USD pair plummeted to 0.7531...
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AUD/USD Forecast: Technically Bearish In The Near-term, Critical Support At 0.7560
Wednesday, March 31, 2021 - 3:52pm | 363Read More...AUD/USD Current Price: 0.7601 Australia to release March manufacturing PMIs this Thursday. The aussie is under pressure, despite US equities advanced. AUD/USD is technically bearish in the near-term, critical support at 0.7560. The AUD/USD pair settled in the 0.7600 price zone, gaining some...
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EUR/USD Forecast: Still At Risk Of Falling In The Near-term, But It Depends On Biden's Words
Wednesday, March 31, 2021 - 3:50pm | 496Read More...EUR/USD Current Price: 1.1729 ECB’s President Lagarde said the market moves wouldn’t lead the monetary policy. US ADP survey showed that the private sector added 517K new jobs in March. EUR/USD is still at risk of falling in the near-term, but it depends on Biden’s words. The...
















