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FXStreet Forex News

EUR: ECB to provide a 25 bps rate cut in October – DBS

We are cautious about the dovish bias for EUR/USD ahead of the 25 bps rate cut expected at the European Central Bank meeting on October 17, DBS’ FX analyst Philip Wee...

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GBP/USD: Likely to decline towards 1.3000 – UOB Group

The Pound Sterling (GBP) is likely to decline; the major support at 1.3000 is probably out of...

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DXY: Likely be capped around 103.30 – DBS

This month’s recovery in the Dollar Index (DXY) from 101.2 will likely be capped around 103.30, DBS’ FX analyst Philip Wee...

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Tesla: An accident waiting to happen

Support: 214.50 (S1), 198.80 (S2), 182.00 (S3). Resistance: 232.00 (R1), 251.00 (R2), 265.00...

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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Monday, according to FXStreet...

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EUR/USD experiences downward pressure amid Fed rate cut speculations

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary...

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GBP/USD Price Forecast: Bears have the upper hand, 50-day SMA breakdown in play

The GBP/USD pair extends its sideways consolidative price move at the start of a new week and oscillates in a narrow trading band around mid-1.3000s through the first half of the European...

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GBP/USD Forecast: Pound Sterling stays in consolidation ahead of key data releases

Following the bearish action seen in the first half of the previous week, GBP/USD went into a consolidation...

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USD/JPY outlook: Holding above broken Fibo level keeps bulls in play for possible 150+ acceleration

USDJPY remains constructive and pressuring the top of recent consolidation range in early Monday...

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NASDAQ Elliott Wave technical analysis [Video]

NASDAQ Elliott Wave Analysis Trading Lounge Day Chart. NASDAQ Elliott Wave technical analysis Function:...

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Positive risk sentiment amid geopolitical tensions – What central banks might have to offer this week

Important news for the week Tue, 14th, 08:00 UK Claimant count change Tue, 14th, 14:30 CA Consumer price index Thu, 17th, 02:30 AU Unemployment rate Thu, 17th, 14:15 EU ECB interest rate decision Thu, 17th, 14:30 US Unemployment claims / retail sales Equities Equity markets resumed the week on a positive...

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Gold might take another bullish shot

Gold started a new bullish corrective phase near the 2,600 level last week, adding extra credence to its upward trend that has been active for more than two...

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USD/CHF appreciates to near 0.8600 due to fading likelihood of a bumper Fed rate cut

USD/CHF continues to gain ground for the second day, trading around 0.8600 during the early European hours on...

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Earnings season kicks off strong, Oil markets on edge

China didn’t pull out the fiscal bazooka on Saturday, but said that there will be a significant bond issuance to help reverse the deepening property crisis and local...

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Britannia Industries Elliott Wave technical analysis [Video]

Function: Larger Degree Trend Higher (Intermediate degree,...

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EUR/USD: Bias tilted to the downside – UOB Group

Bias for the Euro (EUR) is tilted to the downside; given the mild momentum, any decline is unlikely to break clearly below...

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Quiet session amid US and Japan holidays – Boeing cuts jobs

EU mid-market update: Quiet session amid US and Japan holidays; Boeing cuts jobs; Israel ready to launch response; SpaceX rocket booster catch stuns...

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United Health Group Inc.(UNH) Elliott Wave technical analysis [Video]

UNH Elliott Wave Analysis Trading Lounge Daily Chart, United Health Group Inc.,(UNH) Daily Chart UNH Elliott Wave technical analysis Function:...

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China’s Trade Balance: Surplus shrinks in September on big exports slump

China's Trade Balance for September, in Chinese Yuan (CNY) terms, came in at CNY582.62 billion, expanding from the previous figure of CNY649.34...

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USD/CAD Price Forecast: Rises to near 1.3800, upper boundary of ascending channel

USD/CAD continues its winning streak that began October 2, hovering around 1.3790 during the European trading hours on...

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The commodities feed: Higher speculative activity in Crude Oil

The oil market started the week on a softer note as China’s briefing over the weekend lacked any concrete new measures to support struggling oil demand in the...

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US PPI above expectations did not dampen risk appetite

US producer prices rose at a faster pace in September than analysts had...

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EUR/GBP flat lines above mid-0.8300s, remains confined in a multi-day-old range

The EUR/GBP cross extends its sideways consolidative price move through the first half of the European session on Monday and remains confined in a familiar range held over the past week or...

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EUR/USD Forecast: Euro sets trading range before next breakout

EUR/USD moves up and down in a narrow range below 1.0950 in the European session on Monday after posting marginal losses in the previous...

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ECB to cut rates despite plethora of reasons for a pause

ECB meets on Thursday The ECB will hold its penultimate meeting for 2024 on Thursday, just five weeks after the September gathering that produced another rate...

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Oil on edge [Video]

China said there will be a significant bond issuance to help reverse the deepening property crisis and local governments, but didn’t put numbers on their...

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FXStreet Forex News

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EUR/USD: Calm Monday on US Colombus day, Euro remains on defense above 1.0900 level

The single European currency remains in defensive mode at the start of the new week trying to defend the 1,09...

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