Australian Dollar Outlook: Aussie Breakout Crosses Big Fig at 7500
Australian Dollar technical breakout has fueled a rally above the 75-handle as Aussie soars to multi-year highs. These are the levels that matter on the AUD/USD charts.
Euro Post-ECB: EUR/USD, EUR/JPY Tangle with Big Resistance
It's an ECB day and the single currency has rallied even with the bank's stimulus announcement.
USD/CAD Forecast: Post-BoC Breakdown Keeps RSI in Oversold Zone
USD/CAD snaps the range bound price action from earlier this week, and the RSI warns of a further decline in the exchange rate as it holds in oversold territory.
New Zealand Dollar Forecast: Bullish Momentum Gathering Pace for NZD/USD Rates
The New Zealand Dollar is well-positioned for more gains, similar to its Australian Dollar brethren.
France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Nov 04, 2020 when France 40 traded near 4,887.10.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
Euro Rises With ECB Delivering More Stimulus as Widely Expected
As expected, ECB delivers further stimulus, Euro edges higher.
GBP/USD – The Next Leg Lower on Negative Brexit Headlines
Sterling is falling sharply across the board as the US enters the fray on the latest round of negative Brexit headlines.
Gold Price Remains Under Pressure and Looks For Guidance
Gold continues to push lower after Wednesday’s sell-off and recently supportive moving averages and Fibonacci retracements are under pressure.
Euro Latest: ECB to Focus on EUR/USD, EUR/GBP Strengthens as Brexit Hopes Diminish
European Central Bank policy meeting in focus, Brexit hopes fade with new deadline set for Sunday
British Pound (GBP) Latest: GBP/USD Under Pressure as Brexit Endgame Nears
A post-Brexit trade deal is beginning to look increasingly unlikely as significant gaps remain between the two sides.