USD/CHF closes Friday up 0.04%, but logs 1.37% weekly drop to 1-month low at 0.8054. Bearish structure persists: lower highs/lows and weak RSI signal continued…
Set to report results for its fiscal second quarter on Thursday, June 12, Adobe will highlight a relatively quiet earnings lineup this week with investors…
The Canadian Dollar (CAD) has edged a little lower on the session, in line with its major currency peers. Spot may continue to range trade…
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6300. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
Ford’s stock finally rebounded after months of decline. Earlier, we predicted a failed rally that would push prices lower. Instead, the stock kept falling. Now,…
Bearish view Sell the GBP/USD pair and set a take-profit at 1.3430. Add a stop-loss at 1.3695. Timeline: 1-2 days. Bullish view Buy the GBP/USD…
USD/JPY rebounded amid chatters of USD short covering, month-end flows. Pair was last at 144.03 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.…
Silver’s rebound loses steam amid higher appetite for risk and a firmer US Dollar. Upbeat US Consumer Confidence data has offset investors’ concerns about debt.…
The pair trades around 0.5890, snapping a two-day losing streak on stronger NZ inflation expectations and upbeat PMI. US sentiment dropped sharply, while soft inflation…
XAG/USD capped at $32.73 (50-day SMA), supported by 100-day SMA near $31.88 amid choppy trade. RSI flat near neutral; a break above $33.00 is needed…