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EUR/USD Price Challenging Key Levels, Focus on ECB

EUR/USD price escaping from the current range may bring us a clear direction. The US data should move the rate tomorrow. False breakouts through the upper...

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Gold Price Aims to Regain $2,000, Eyes on US Retail Sales

XAU/USD seems determined to rebound and recover after registering false breakdowns below the median line. The US data should move the price today. The S1 is...

USD/JPY Outlook: Yen Soars Amid Japanese Officials’ Concerns

Officials in Japan got concerned when the USD/JPY crossed above the $150 level. Data from Japan on Thursday revealed a recession in the last part...

EUR/USD Price Under Selling Pressure After Upbeat US CPI

The flag pattern announced more declines. Taking out the immediate support levels activates more declines. Tomorrow, the US retail sales should have a significant impact. The EUR/USD...

GBP/USD Forecast: UK Inflation Steadies, US Inflation Rises

Annual inflation in the UK maintained at the rate of 4.0%. The US released an upbeat inflation report showing persistent inflation. The possible timing for Fed...

AUD/USD Price Analysis: Aussie Bounces on Hawkish RBA

RBA governor Michele Bullock said there is still a chance the RBA will hike interest rates. Markets now place a 38% likelihood of an RBA...

USD/CAD Price Targeting New Lows, Core PCE Price Index Eyed

The median line could attract the USD/CAD pair. The US economic data should be decisive today. Taking out the median line activates more declines. The USD/CAD price...

GBP/USD Price Analysis: Recovering to 1.2750 Ahead of US PCE

The pound recovered ahead of crucial US inflation data later in the day. The US economy beat forecasts in the fourth quarter, growing at 3.3%. The...

USD/JPY Price Exhausted Below 148.00, Eyes on US GDP

The rebound could be only temporary. Coming back below the pivot point indicates more declines. The ECB and the US figures should move the rate today. The...

EUR/USD Outlook: Euro Recovers as ECB Policy Meeting Looms

Investors eagerly awaited the US GDP report. The ECB will likely maintain steady rates. Markets currently indicate a 43% probability of a Fed cut in March,...

USD/CAD Price Analysis: Soaring Oil Pours Water on the Rally

Oil prices increased, driven by geopolitical tensions and disruptions in US oil output. The US dollar extended its recent gains due to positive US labor...

Gold Price Challenging $2,029 Resistance, Focus on US Data

XAU/USD could resume its growth if it stays above the sliding line (sl). A new higher high activates further growth. The US and the Canadian figures...

EUR/USD Price Rejected by 1.09 Level Amid Risk-off

The EUR/USD maintains a bearish bias if it stays below the downtrend line. A new lower low activates more declines. The US economic figures should bring...

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