Tag: Foreign Exchange Market

This week in the financial markets has been a rollercoaster ride, with US stock indices fighting to end on a positive note. Crude oil futures settled at $76.84, and there were key events and...

The EUR/JPY daily forecast and analysis suggest that the intraday bias remains neutral, with a bearish outlook as long as the resistance at 162.87 is intact. If the price falls below the minor support...

France's trade balance showed improvement in June, with a deficit of €6.09 billion compared to the previous month's deficit of €7.99 billion. This positive change indicates a potential boost in the country's economy.It is...

GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of GBP/USD at FXOpen, there is a key bearish trend line...

The EUR/USD pair has been showing an upward trend, with the intraday bias still tilted towards the upside as long as the minor support at 1.0932 holds. This current uptrend is seen as a...

In the fast-paced world of foreign exchange (FX) trading, the use of millisecond-level data is increasingly being recognized as a game-changer. According to Sundaram, a prominent figure at LMAX Group, leveraging this ultra-precise data...

The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back above a bearish trend line with resistance at 0.6480 on...

The focus was on US retail sales for October, which came in lower than expected at -0.1% compared to the expected +0.3%. Despite the headline number, some analysts pointed out that there was a...

The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates a potential bearish reversal in the near term. The initial...

There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this level may not align with any significant technical levels, the...