EUR/USD halts losses near April highs. Key test: break above SMA cluster overhead. Momentum signals show easing selling pressure. EUR/USD is attempting to stabilise after a four‑session pullback from the 1.1787 area to one‑month lows just above 1.1600, with the euro remaining under pressure against a firmer dollar amid renewed Middle East tensions and risk‑averse…
Key Highlights EUR/USD started a sharp decline below the 1.1700 zone. It traded below a rising channel with support at 1.1720 on the 4-hour chart. GBP/USD could extend losses if it settles below 1.3300. USD/JPY is moving higher above the 158.50 resistance. EUR/USD Technical Analysis The Euro failed to stay above 1.1720 against the US…
The Indian rupee crashed to a fresh record low of 95.55 against the US dollar as fears over a fragile US-Iran ceasefire pushed oil prices above $105 per barrel, intensifying concerns over inflation and India’s import bill. INDIA: The Indian rupee crashed to a fresh record low of 95.55 against the US dollar on Tuesday, intensifying…
USD/JPY The US dollar rallied quite nicely against the Japanese Yen during the week to break above the crucial 158¥ level again. The interest rate differential continues to be a major driver of where things go, as the Japanese are stuck in a situation where they cannot have monetary policy that’s too tight. Quite frankly,…
Who is heading IC Funded, the prop trading arm of leading online broker IC Markets, which (re)launched this week? Which CFDs broker has shut down? Which European focused online broker has inked Brad Pitt as its new Brand Ambassador – complete with a new video ad campaign? Which CFDs brokers are behind the launch of…
A selloff in global bonds stopped a surge in stocks, with worries growing that central banks will have to tighten policy to control inflation amid high oil prices. Written by: Olumide Adesina • Saturday, May 16, 2026 • 1 min read • Last updated: Saturday, May 16, 2026 Add an article to your Reading List…
US stock benchmarks explode to new highs in today’s session. Nasdaq and S&P 500 print fresh records, while the Dow Jones gets back above 50,000. Exploring technical levels for the Dow Jones, Nasdaq and S&P 500. US stock indexes are reaching new all-time highs today, fueled by strong global risk appetite. The S&P 500 has…
Daily Pivots: (S1) 1.6110; (P) 1.6150; (R1) 1.6187; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. On the upside, firm break of 1.6293 resistance will suggest that a short term bottom was already formed at 1.6108. Bias will be turned tot he upside for 55 D EMA (now at 1.6471). On…
The first trading day of Kevin Warsh’s tenure as Federal Reserve Chair is already being defined by rising Treasury yields, stronger Dollar demand, and market skepticism that the Trump-Xi summit will deliver meaningful relief from the global energy shock. US Treasury yields surged again in Asian session, with the 10-year yield breaking decisively above the…
Potential signal The US dollar rose on Thursday despite the fact that interest rates in America have drifted a little bit lower. That being said, the interest rate situation in America is still very strong and of course the 10-year yield is still very high and as a result it does make a certain amount…