New Delhi | Bengaluru: As the rupee enters the 90s against the dollar, parents of children studying abroad are bending over backwards—also becoming part-time currency traders—to combat rising cost pressures. From monitoring daily rate movements for topping up forex cards during periods of rupee appreciation to restructuring remittances, this admissions cycle has turned sophisticated financial…
In today’s Weekly Forex Forecast, I’m breaking down my exact trade plan for the DXY, EURUSD, GBPUSD, and XAUUSD. Can the euro confirm last week’s bullish change of character on the 4-hour chart? I explain that and more in today’s video. US Dollar Index (DXY) Forecast The DXY did what I was anticipating last week…
The USD/CAD weekly forecast remains bearish amid prevailing dollar weakness. The CAD gained as oil prices ticked up while Canada’s employment data remained upbeat. Markets await FOMC and BoC rate decisions due next week, while focus remains on the Fed Chair’s commentary. The USD/CAD slumped last week as the Canadian dollar gained renewed strength amid…
Created on December 05, 2025 USD/CAD remains constrained as the 50-day EMA and the 1.40 level cap upside momentum, while the pair rests on the 200-day EMA. Traders await Canadian employment data and next week’s expected Federal Reserve rate cut for directional clarity. The US dollar initially rallied against the Canadian dollar during the trading…
In today’s Market Outlook, let’s take a look at Forex Trading on the US Nonfarm Payrolls, USD/CAD, and BitCoin, BTCUSD. Are we witnessing the start of a crypto rebirth? Price action on Bitcoin almost fell to $80,000 on 21 November and has now rebounded to over $92,000. From the technical standpoint, we see the stochastic…
The gold price remains in positive territory as dollar weakness prevails. Geopolitics and potential Fed easing continue to underpin the demand for gold. Markets await the US PCE inflation report for fresh trading opportunities. The gold price held steady during the early European session on Friday, as the market tone remained cautious ahead of the…
Created on December 04, 2025 Today’s Gold Analysis Overview: The overall of Gold Trend: Strongly Bullish. Today’s Gold Support Points: $4160 – $4100 – $4050 per ounce. Today’s Gold Resistance Points: $4250 – $4330 – $4400 per ounce. Today’s Gold Trading Signals: Sell Gold from the resistance level of $4290. Target $4060, Stop-Loss $4350. Buy…
The extraordinary size of FX turnover highlights the central role currencies play in capital flows, trade, and global risk transfer. Source: Freepik Global foreign-exchange activity has accelerated sharply in recent years, revealing important shifts in how investors, institutions, and corporations respond to uncertainty in the broader financial landscape. One of the clearest indicators of this…
Created on December 04, 2025 EUR/USD Analysis Summary Today Overall Trend: : Bullish bias. Support Levels for EUR/USD Today: 1.1620 – 1.1550 – 1.1480. Resistance Levels for EUR/USD Today: : 1.1720 – 1.1800 – 1.1880 EUR/USD Trading Signals: Buy EUR/USD from the support level of 1.1590 with a target of 1.1800 and a stop loss…
USD/JPY outlook remains weak as the dollar tumbles after weaker ADP data. The increasing odds of BoJ rate hikes provide moderate support to the yen. Rising JGB yields and FX intervention warnings weigh on the USD/JPY. The USD/JPY price is attempting to stabilize on Thursday after a sharp fall in the previous session. The pair…