Forex News

  • Forex News

EUR/USD Trading Around Imminent Monthly Support at 1.07

EUR/USD has breached the monthly high at 1.113 and is currently below 38.20% Fib Retracement level with monthly support at…

4 years ago
  • Forex News

XAU/USD Loses a Track of Support as it Plummets Below $1,600

Gold price has been eyeing lows at the end of the first quarter as the recession digs deeper and notably…

4 years ago
  • Forex News

USD/JPY Draws a Fine Uptrend; Yet Hovers Around 108

USD/JPY hits at 108.43 after a bearish beginning of the week when the pair hit bottom at 107.124 on March…

4 years ago
  • Forex News

EUR/USD Faces an Intraday Dip as the US Lockdown Extends

EUR/USD fails to keep afloat above 1.11 amidst the growing fears from the Coronavirus in America, Europe, and globally. As…

4 years ago
  • Forex News

Indian Rupee Strengthens as the RBI cuts the Repo Rate to Combat COVID’19

USD/INR has closed the week trading around 75.205 with a choppy market experienced for the major part of the week.…

4 years ago
  • Forex News

US Dollar Index (DXY) Loses the Traction; Dips Below 100

US Dollar Index (DXY) continues to recede as the trend falls below 38.20% Fib Retracement level. The index nosedives below…

4 years ago
  • Forex News

USD/JPY Dips Below 111.0 as Greenback Takes the Stage

USD/JPY lies around 110.714 after dropping below 110.5 in the early trading hours on March 26, 2020 The US Dollar…

4 years ago
  • Forex News

Gold/USD Analysis: Gold Experiences an Intraday Pullback Yet Remains Above $1,600

Gold reverses a 3-day bullish crossover as it fell below $1,640 in the early Asian trading hours and is slaying…

4 years ago
  • Forex News

GBP/USD Analysis: GBP/USD Rests Around 1.165 After Nearing 1985’s Low

GBP/USD is back to trading around 1.1600 after mixed reaction observed as Fed and BoE prioritize and allow unlimited QE.…

4 years ago
  • Forex News

World Economy Marks the “Ugliest Week” as Recession Digs Deeper

Amidst the global crisis going on due to the Chinese virus outbreak–COVID’19, the entire world is slayed as the virus…

4 years ago