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FXStreet Forex News

Cocoa Elliott Wave technical analysis [Video]

Cocoa Elliott Wave Analysis Since it reached a record high of 11,722 in April 2024 cocoa prices have been correcting...

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US Dollar hovers around 10-week high as markets rebuff aggressive Fed rate cuts

The US Dollar (USD) broadly consolidates on Tuesday after reaching a 10-week high on Monday, fuelled by investors’ views that the Federal Reserve won’t cut interest rates as quickly and aggressively as previously...

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USD/JPY: Levels to watch are 150.05 and 151.00 – UOB Group

The US Dollar (USD) is likely to trade in a range, probably between 149.00 and...

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Key trading levels for EUR/USD, GBP/USD, USD Index, Gold, and S&P 500 [Video]

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, and S&P...

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NZD/USD: To face a sustained decline below 0.6050 – UOB Group

The New Zealand Dollar (NZD) is likely to consolidate in a range of...

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Silver price today: Silver falls, according to FXStreet data

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

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AUD/USD: Can retest the 0.6700 level before another rebound – UOB Group

The Australian Dollar (AUD) could retest the 0.6700 level before another rebound is...

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EUR/GBP trades around 0.8350, holds losses after key data from both economies

EUR/GBP continues to lose its ground for the third successive day, trading around 0.8350 during the European session on...

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GBP/USD: No further increase in momentum – UOB Group

The Pound Sterling (GBP) is likely to trade sideways, probably in a range of...

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GBP/USD Forecast: UK employment data help Pound Sterling hold its ground

GBP/USD fluctuated in a narrow range on Monday and closed the day virtually...

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US: Troubling core CPI in September – UOB Group

In the latest CPI inflation print (released on 10 October), US CPI inflation was coming in a tad hotter than expectations, UOB Group’s economist Alvin Liew...

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German ZEW Economic Sentiment Index rebounds to 13.1 in October vs. 10 expected

The headline German ZEW Economic Sentiment Index improved to 13.1 in October from 3.6 reported in September, beating the market consensus of...

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EUR/USD: Can dip to 1.0885 before the risk of a rebound – UOB Group

Downward momentum has increased slightly; the Euro (EUR) could dip to 1.0885 before the risk of a more sustained rebound is...

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USD: Rally looking a bit stretched – ING

The US Dollar (USD) and oil went opposite ways yesterday. The greenback was strong across the board, shrugging off the drop in crude triggered by some media reports that Israel does not plan to hit Iran’s oil and nuclear...

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CEE: CZK prospects are improving despite negative sentiment – ING

FX markets in the CEE (Central and Eastern Europe) region were muted yesterday due to weaker activity in global markets given the US holidays, ING’s Frantisek Taborsky...

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Algo-fueled market surge hits new highs, earnings season heats up – What’s next for investors

The Columbus Holiday sent stocks higher. NVDA closes at an ALL time...

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Gold outlook: Gold steadily near ATH

After a roller coaster ride for gold’s price since the 20th of September, a sideways motion...

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Grasim Industries Elliott Wave technical analysis [Video]

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

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Oil down on belief Israel's response will not be sensitive enough to trigger more conflict

EU mid-market update: Oil down on belief Israel's response will not be sensitive enough to trigger more conflict; 3 weeks to US election as Trump mostly leads...

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NZD/USD remains vulnerable to some Trump hedges – ING

Another commodity currency – the Kiwi dollar (NZD) – will face a CPI test today, ING’s FX strategist Francesco Pesole...

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WTI outlook: Oil prices fall further on demand concerns, but geopolitics remain supportive

Oil price extends steep decline into the second consecutive day and hit two week low in early Tuesday, after the price fell nearly 4% on...

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CAD: Dovish rate expectations to be challenged – ING

Last week’s Canadian jobs numbers came in quite strong. Employment rose 47k, almost twice the consensus figure, and unemployment surprisingly dropped back to...

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Texas Instruments Inc. (TXN) Elliott Wave technical analysis [Video]

TXN Elliott Wave Analysis Trading Lounge. Texas Instruments...

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UK jobs market is cooling despite latest fall in unemployment

Unemployment may be down, but so are vacancies, while the more timely and reliable payroll data points to a jobs market that looks more like it did in...

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Eurozone Industrial Production jumps by 1.8% MoM in August, as expected

Eurozone’s industrial sector activity witnessed a turnaround in August, the latest data published by Eurostat showed on...

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EUR: Testing the lows – ING

The euro is losing some ground ahead of Thursday’s European Central Bank meeting and has now made a decisive break below...

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USD/CHF drifts lower amid modest USD pullback, holds above 0.8600 mark

The USD/CHF pair struggles to capitalize on the previous day's strong move up to a nearly two-month high and attracts some intraday sellers during the first half of the European session on...

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Nikkei 225 (N225) Elliott Wave technical analysis [Video]

Function: Trend. Mode: Impulsive. Structure: Navy blue wave...

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