Tag: Forex market trends

news-17102024-023023

USD/JPY Forecast: Updated Analysis and Price Predictions for Today

USD/JPY is currently in a phase of consolidation below the temporary peak of 149.97, leading to a neutral bias for the short term. The expectation is for a continuation of the rally as long...
news-15102024-140332

Canadian Dollar struggles as Can. CPI release looms

The Canadian dollar has been struggling against the US dollar for the past ten trading days, dropping by 2.1% in October. Currently, USD/CAD is trading at 1.3811, showing a 0.11% increase in Tuesday's session. The...
news-11102024-124901

EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive

Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to the US Jobless Claims figures also being released, showing a...
news-10102024-184527

Understanding the NZDUSD Price Action: Watch This Video for Clarity

If you're finding it hard to understand what's going on with the NZDUSD price action, don't worry, you're not alone. Price action can be confusing, but looking at the technical aspects can help shed...
news-09102024-122850

GBPUSD Price Action Analysis: US CPI Data Impact on Rangebound Trading | Forexlive

The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for rate cuts, aligning more closely with the Fed's projections. Moving...