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FXStreet Forex News

Corn Elliott Wave technical analysis [Video]

Corn Elliott Wave Analysis The corn price action still favors the downside to continue while it’s resisted below...

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BRL: Real hits four year low on fiscal concerns – ING

The Brazilian real has softened to the weakest levels since the pandemic-era sell-off in early 2020, ING’s FX analyst Chris Turner...

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DXY: Guarded against complacency – DBS

Profit-taking sent the USD and US bond yields lower before the long Thanksgiving holiday starting today.US stock and bond markets will be closed on Thursday and Friday before returning on Monday, DBS’ Senior FX Strategist Philip Wee...

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USD/JPY: To trade in a range between 150.80 and 152.60 – UOB Group

The US Dollar (USD) is likely to trade in a range between 150.80 and...

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Tata Consumer Products Elliott Wave technical analysis [Video]

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

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USD/JPY: Look to data next – OCBC

USD/JPY fell further overnight amid the decline in UST yields and broad US Dollar...

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Pound Sterling falls against USD as trading volume squeezes on Thanksgiving Day

The Pound Sterling (GBP) declines to near 1.2650 against the US Dollar (USD) in Thursday’s London session after failing to visit the round-level resistance of 1.2700 the prior...

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AUD/USD: Expected to consolidate between 0.6440 and 0.6550 – UOB Group

There has been a slight increase in upward momentum; the Australian Dollar (AUD) could drift higher but is unlikely to break the resistance at...

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DXY: Pullback needs to break below 21 DMA to gather traction – OCBC

The US Dollar (USD) continued to drift lower as US data overnight was largely within...

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RBA’s Bullock: If inflation falls more quickly than forecast, Board can respond

Reserve Bank of Australia (RBA) Governor Michele Bulock said on Thursday, “if inflation falls more quickly than forecast, the Board can respond.” Additional comments Hard to tell what the new Trump admin will do, as opposed to what they say they will...

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TJX Elliott Wave technical analysis [Video]

TJX Elliott Wave Analysis Trading Lounge. The TJX Companies Inc., (TJX) Daily...

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EUR: Schnabel pushes back against 50bp in December – ING

EUR/USD found some support yesterday from a detailed interview given to Bloomberg by the ECB's influential Isabel...

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GBP/USD: Overbought conditions could limit any advance to a test of 1.2715 – UOB Group

Strong momentum suggests further Pound Sterling (GBP) strength; overbought conditions could limit any advance to a test of...

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The European currencies regain their composure – DBS

EUR/USD appreciated 1.4% to 1.0566 after hitting the year’s low of 1.0418 last...

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USD/CNH: Likely to trade between 7.2200 and 7.2800 – UOB Group

Despite no significant increase in downward momentum, there is room for the US Dollar (USD) to edge lower to...

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EUR/USD: The pair remains heavy above 1.0500 as no big bets on the table on US Thanksgiving day

The single European currency is trading just above the 1.05 level, having lost part of yesterday's gains, as has been mentioned in previous articles, any attempt by the European currency to maintain a strong upward momentum and change the trend currently has many...

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USD/SGD: Consolidation likely in the near term – OCBC

USD/SGD bounced this morning, tracking the move higher in...

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Japanese Yen climbs to five-week high due to USD weakness

The USD/JPY pair has dropped to 151.56, marking a five-week high for the...

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Why the EU still holds a Trump card in the face of rising trade tensions

Donald Trump’s sweeping election victory is likely to put US-EU economic relations under pressure at a time when any remaining optimism on the eurozone growth’s outlook is fading...

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NZD/USD: NZD to test 0.5920 before levelling off – UOB Group

Scope for the New Zealand Dollar (NZD) to test 0.5920 before levelling off; the major resistance at 0.5950 is likely out of reach for...

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USD/KRW: Daily momentum is mild bearish – OCBC

USD/KRW ticked higher after BoK surprised with a 25bp cut. Pair was last at 1396 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong...

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Silver price today: Silver falls, according to FXStreet data

Most recent article: Silver price today: Silver broadly unchanged, according to FXStreet data Silver prices (XAG/USD) fell on Thursday, according to FXStreet...

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Silver Price Forecast: XAG/USD tests $30.00, next barrier appears at nine-day EMA

Silver price (XAG/USD) extends its losses for the second successive day, trading around $30.00 per troy ounce during the European hours on...

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EUR/USD: Consolidation on the table – OCBC

Euro (EUR) shorts continued to face the squeeze as USD, UST yield...

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AUD/USD consolidates below 0.6500 as rebounding US bond yields revive USD demand

The AUD/USD pair attracts some sellers following an intraday uptick to the 0.6510 region on Thursday and drops to a fresh daily low during the first half of the European session, though it lacks...

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CAC 40 (France) Elliott Wave technical analysis [Video]

CAC 40 (France) Elliott Wave Analysis Trading Lounge Day...

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EUR/USD: Can rise further to 1.0600 before a pause – UOB Group

The Euro (EUR) could rise further to 1.0600 before a pause can be expected; 1.0650 is highly unlikely to come into view...

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