The Turkish lira has been pressed by Turkey’s central bank (CBRT). Analysts believe USD/TRY will reach 10.00 by the year's end.
Daily Market Analysis
The performance of the British pound against other majors has grabbed a lot of attention during the last couple of weeks.
The riskier New Zealand dollar skyrocketed and pushed the NZD/USD pair up to the resistance level of 0.7150. How to trade it now?
The rally of the US dollar has stopped for a while. That allowed risk-on assets (GBP, NZS, AUD, stocks) and also gold to recover some losses.
USD/CAD is at its lowest level since July. What was the reason?
After GBP/USD hit the lowest level since December 2020, it has reversed up and gained some strength.
Less than a week ago we heard a lot of dovish statements from BOJ Gov Kuroda. What is happening with Japan’s economy and are the dark times beginning for JPY? It’s time to find out!
The Bank of England has announced an important decision which sent GBP/USD up by over 1000 points.
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
The South African rand has dropped against the US dollar. What are the reasons?
4H Chart Daily Chart The US Dollar Index failed to sustain its recent gains above its 50 DAY MA, the index declined back yesterday with higher trading volume, while all eyes are on the PPI data today after mixed economic releases over the past few…
We have outlooked several promising Forex pairs and the result can surprise you!