The GBP/USD pair invalidated further growth after breaking below the triangle’s support.
Poor UK data forced the GBP to depreciate.
DXY’s rally boosted the greenback.
The GBP/USD...
The BoE will likely raise rates even more as inflation spreads.
Investors on the sidelines are waiting for US inflation data.
In the charts, the 30-SMA...
The USD/JPY pair ended its corrective phase and seemed determined to resume its uptrend.
A new higher high activates further growth.
Dropping and stabilizing below the...
Canada’s economic activity shrank for the first time in July.
US payrolls increased for the 19th month in July.
The Fed is expected to raise rates...
The pair is expected to fall further to 132.00.
JP Morgan researchers forecast poor NFP results.
Japan’s economy recovered in Q2.
The USD/JPY price forecast remains negative...
The NZD/USD pair signaled exhausted buyers after failing to retest the channel’s upside line.
A new lower low activates more declines.
The US economic data could...
GBP/USD recovers from weekly lows on Wednesday on moderate dollar weakness.
The positive sentiment on the stock markets is undermining the safe haven dollar.
Recession fears,...
US GDP contracted in Q2.
Investors expect a drop in Canada’s GDP.
There is a bullish RSI divergence in the charts.
Today’s USD/CAD price analysis is bearish...
Powell reduced concerns over further monetary tightening.
The Fed noted weakness in the US economy.
Investors are expecting GDP to grow in Q2.
Today’s USD/JPY outlook is...