The EUR/USD remains under pressure and depending on viewpoint can justifiably be claimed to be within a fair market range. The Forex market is always right; the trader is frequently wrong. Narrative regarding the decline of the EUR/USD which closed near 1.13823 this Friday remains debatable too. While some claim that notions of a higher…
Fundamental Analysis & Market Sentiment I wrote on 21st June that the best trades for the week would be: Long of the USD/JPY currency pair. This pair rose by 0.28% last week. Long of the NASDAQ 100 Index following a daily close above 30,716. This did not set up. A summary of last week’s most…
사진 확대 The domestic foreign exchange market will be converted to a 24-hour trading system from July 6th for won and dollar only. Overseas residents and foreign exchange technology groups are expected to be able to trade at real-time exchange rates with less time limitations in the future. However, there are concerns that late-night hours…
Who is behind the launch of new Dubai based CFDs broker MultiFi? Which former CFDs industry executives are launching UK consumer investing startup Beat Money? Who is backing prop firm TradersYard with additional funding? Which leading online broker is entering the South Africa market, with two new licenses? What new homes and roles were landed…
Silver is trading in the $57 to $60 per ounce range, finding strong technical support around its 250-session moving average Written by: Olumide Adesina • Sunday, June 28, 2026 • 1 min read • Last updated: Sunday, June 28, 2026 Add an article to your Reading List Register now to be able to add articles…
The dominant narrative this week was not that the Federal Reserve became less hawkish—it was that markets became less convinced the Fed would need to become even more hawkish. Early in the week, investors aggressively priced in additional rate hikes after the June FOMC meeting, encouraged by a string of increasingly hawkish forecasts from major…
Gold looks like it’s trying to bounce on Thursday, but we still face a lot of headwinds in this market, not the least of which is that traders are thinking the Fed will hike later this year. Gold Gold looks like it’s trying to bounce today during the Thursday session. That would, of course, make…
USD/CAD rose further to 1.4247 last week but retreated mildly since then. Initial bias remains neutral this week for consolidations. While deeper pullback cannot be ruled out, downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement of 1.4791 to 1.3480 at 1.4290. Firm break…
EUR/AUD’s rebound from 1.6108 resumed by breaking through 1.6516 resistance last week. Initial bias remains on the upside this week for 100% projection of 1.6186 to 1.6516 from 1.6306 at 1.6636 next. On the downside, below 1.6429 minor support will turn intraday bias neutral. But further rise will remain mildly in favor as long as…
The US dollar has fallen for once against its northern neighbor, something that hasn’t happened much over the last two months. USD/CAD The US dollar has fallen against the Canadian dollar during trading on Thursday, but quite frankly, that’s not a huge surprise. After all, we’ve basically gone straight up in the air since the…