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AUDUSD hits a fresh five-month peak on Thursday But oscillators have been in overbought levels for several sessions Can the rally resume or are we heading for a pullback? AUDUSD has been staging a solid recovery following its 2023 bottom of 0.6271 in October, generating a clear structure of consecutive higher highs. However, the risk of an

The GBP/USD pair continued its uptrend as the risk-on sentiment accelerated. Forex Brokers We Recommend in Your Region See full brokers list   Buy the GBP/USD pair and set a take-profit at 1.2850. Add a stop-loss at 1.2700. Timeline: 1-2 days. Set a sell-stop at 1.2780 and a take-profit at 1.2700. Add a stop-loss at

USDCHF broke key support level 0.8570 Likely to fall to support level 0.8400 USDCHF under the bearish pressure after the pair broke the key support level 0.8570 (former multi month low from July). The breakout of the support level 0.8570 accelerated both of the active impulse waves 3 and (3). Given the clear daily downtrend

EURCHF broke key support level 0.9410 Likely to fall to support level 0.9300 EURCHF recently broke the pivotal support level 0.9410 (former multi month low from July). The breakout of the support level 0.9410 accelerated both of the active impulse waves 3 and (5). Given the predominant weekly downtrend and the widespread Swiss franc gains

EUR/USD, GBP/USD, GOLD PRICE FORECAST: Treasury yields and the U.S. dollar tumble as interest rate expectations shift in a more dovish direction EUR/USD and GBP/USD rally, clearing important technical levels in the process Gold prices break above a major resistance region, setting the stage for additional gains in the near term Trade Smarter – Sign

Skerdian Meta Lead Analyst Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank’s local branch, Aksioner. Skerdian specialized in experimenting with

Home Awards GW Platt Foreign Exchange Bank Awards 2024—Global And Regional Winners The volatile foreign exchange (FX) markets challenge CFOs and corporate treasurers when managing their currency risks and reporting financial results. Since 2022, the dramatic rise of the US dollar against virtually every other world currency has wreaked havoc on the profits of US

In today’s subdued trading environment, Sterling Euro have emerged as the strongest currencies, outperforming Australian Dollar and New Zealand Dollar. The ascendancy of these European currencies does not appear to be driven by any specific fundamental factors. Instead, it seems to be part of a rotational trend where different currencies take turns rallying against Dollar

The Swiss franc is slightly lower in Wednesday trade. In the North American session, USD/CHF is trading at 0.8509, down 0.31%. The Swiss franc continues to power higher and has climbed 2.5% against the slumping US dollar in the month of December. The Swissie has pummelled the greenback in 2023, gaining 7.7%, and is trading