The trend is bearish both in the short and medium-term and given the principle that “the trend is your friend” this means the ...
The Pound Sterling's (GBP) rally on yesterday's Bank of England communication looks fully justified. It’s hard to rule out ...
The Pound Sterling outperforms its major peers as UK Retail Sales grew at a faster-than-expected pace in August; Fears of UK ...
Gold breaks to new record highs on Friday as central banks worldwide are expected to follow the Fed’s example. The precious ...
The New Zealand Dollar (NZD) is expected to trade in a 0.6200/0.6270 range. In the longer run, NZD must break and remain above 0.6270 before an advance to 0.6310 can be expected, UOB Group FX analysts ...
The AUD/USD pair clings to gains above the round-level support of 0.6800 in Friday’s European session. The Aussie asset remains broadly firm amid growing speculation that the Federal Reserve (Fed) ...
GBP/USD is paring back gains to trade near 1.3300 in the European session. The data from the UK showed that Retail Sales rose at a stronger pace than expected in August, briefly supporting Pound ...
The Australian Dollar (AUD) is likely to trade in a sideways range of 0.6780/0.6840. In the longer run, there is still room for AUD to rise further, but there may not be enough momentum for it to ...
EUR/USD is falling back toward 1.1150 in European trading on Friday, reversing early gains. Risk sentiment sours and lifts the haven demand for the US Dollar, fuelling a pullback in the pair. The ...