Gold looks to break Friday’s range trade to the upside. Falling trendline hurdle at $1776.60 is the level to beat for the bulls. XAU/USD closed above all major hourly Simple… Read more »
GBP price, news and analysis: GBP/USD has broken convincingly to the upside from a downward-sloping channel on the daily chart that has been in place since June 10. Now, however,… Read more »
EUR/USD falls to a session low of 1.1204 For bank trade ideas, check out eFX Plus The euro had a bright start to trading yesterday amid a continued breakout in… Read more »
EUR/USD buyers look to seize near-term control as the dollar keeps weaker For bank trade ideas, check out eFX Plus The dollar is keeping lower to start the new week,… Read more »
Gold Price Forecast Overview: After reaching fresh yearly highs earlier this week, the gold price bullish breakout may be facing its first test of fortitude: a return back to its… Read more »
Cable drops for the second day in a row, continues on corrective mode. Downside risks are rising but significant support is seen around 1.2500. The daily chart shows still more… Read more »
GBP price, news and analysis: GBP/USD is again challenging resistance at the 200-day moving average despite being technically overbought. If a break higher follows Wednesday’s monetary policy announcement by the… Read more »
EUR/JPY comes under pressure following last week’s YTD highs. Immediately to the downside emerges the former 2020 high near 122.90. EUR/JPY is navigating the second consecutive session with losses on… Read more »
Australian Dollar Talking Points AUD/USD trades to a fresh monthly high (0.6675) after breaking out of the April range, and the exchange rate faces a key test going into the… Read more »
Reuters report on the vaccine trial The US plans a massive round of phase 2 vaccine trials in an effort to speed up the timeline for vaccine development to have… Read more »