EUR/JPY pauses after rising to a fresh YTD high on Wednesday. Japan’s disappointing Trade Balance and a dovish BoJ remain supportive of EUR/JPY strength. EUR/JPY…
The Canadian Dollar (CAD) continues to respect its recent range parameters, effectively idling between 1.3650/1.3750 in quiet trade over the past few days as sentiment…
The Japanese Yen (JPY) is flat against the US Dollar (USD) and consolidating in a tight range just above its recent lows, Scotiabank’s Chief FX…
Bearish view Sell the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6650. Timeline: 1-2 days. Bullish view Buy the AUD/USD…
Potential signal: If we break above the $66.50 level, then I am a buyer with a stop loss at $64.50, and a target of $68.66…
The tight range the past week of trading in the USD/MYR shows that financial institutions remain calm, even as rhetoric from outside influence via the…
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6350. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
USD/INR trades sideways near 85.41, pushing prices into a zone of consolidation. Moving averages are converging tightly, indicating low volatility and a potential breakout. Support…
USD/RUB traders have kept calm in the midst of louder rhetoric coming from President Donald Trump, and a perceived escalation in the conflict between Russia…
Gold prices bounce off moving average support, reclaiming the $3,300 level. XAU/USD technical levels remain firm within a bull flag pattern. Momentum remains neutral with…