A key level is any price area where price reversed aggressively from, or an area or level that price has been respecting (bouncing off). These levels act like inflection points. We can’t know whether price will break beyond or get rejected, but we do get to see how it reacts at that level, which provides…
Bearish view Sell the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3500. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3500. Add a stop-loss at 1.3300. The GBP/USD pair pulled back today, June 13, as traders refocused on the upcoming US consumer inflation and…
The cautious range of the USD/MXN suggests a speculative trading atmosphere has developed for its traders, this as technical support and resistance perspectives continue to be highlighted and open the door for opportunistic pursuit for those who practice solid risk-taking tactics and have the desire to wager on the currency pair. The USD/MXN continues to…
After several strongly positive weeks, USD/CAD has stalled over the past few sessions, entering a phase of uncertainty. On the dollar side, Fed Chair Kevin Warsh has struck a firm tone, reaffirming the 2% inflation target and pushing back against political pressure to cut rates, while sticky PCE inflation near 4% keeps hike odds alive…
Silver no longer looks as stable as it did late last week, and that change may carry more weight than the move itself first suggests. What looked like a hesitant pause near a major round number has started to resemble a market that is struggling to keep buyers engaged. That matters because the $60 area…
GBP/USD: Is This Calm Near 1.3500 Hiding a Turning Point in the Trend? GBP/USD is trading within sight of the 1.3500 region, a level that has the potential to act as a medium‑term turning point without yet proving itself as a firm ceiling. At the same time, price is starting to lean on the lower…
AUD/USD: Finding a Bottom at Last? The price of this currency pair has been doing little for several days, just trading within a predictable consolidative band. It looks quiet, but this could be the calm before the storm. This is because both currencies are taking a break from movement, but both could move quite dramatically,…
Leading CFDs broker Pepperstone has announced the expansion of its Perpetual CFDs offering, as financial markets increasingly move toward continuous trading. Perpetual CFDs The rollout extends perpetual market (or “perp”) access beyond digital assets, reflecting a broader shift underway across global finance, where investors are demanding markets that operate around the clock rather than within…
Representative image | Photo Credit: Getty Images/iStockphoto The rupee fell 39 paise to 95.77 against the American currency in early trade on Monday (July 13, 2026) weighed down by elevated crude oil prices. Forex traders said with Brent oil prices rising over $79 a barrel, the Indian rupee is expected to open weaker at 95.53…
New Zealand’s services sector returned to expansion in June, with the BusinessNZ Performance of Services Index rising from 48.0 to 50.6, its first reading above the 50-point threshold since January. The improvement follows a similarly strong rebound in the Performance of Manufacturing Index, suggesting the economy has regained some momentum after a prolonged period of…