USD CAD has been trading in a range, and despite the soft Ivery PMI today, it did not provide a breakout for USD/CAD.
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week concludes a heavy February trading month, with a weighty week incoming right after. Get ready for next week’s action by exploring upcoming events across global Markets. Week in review – Markets remain very anxious, and they just

Global markets closed February under conditions few anticipated even days ago. The events in the last 48 hours have shifted the framework from negotiation risk to open conflict. A geopolitical “black swan” has moved from theoretical scenario to live reality. What had been treated for months as a tail risk scenario has now materialized into

EUR/AUD’s down trend resumed last week but downside momentum has been unconvincing with bullish convergence condition in 4H MACD. Still, there is no clear sign of bottoming yet. Further fall is expected this week to 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351. However, firm break of 1.6830 resistance will confirm short term

EUR/GBP’s solid break of 0.8744 resistance last week suggests that corrective fall from 0.8863 has completed at 0.8611. More importantly, up trend from 0.8221 is not completed. Initial bias stays on the upside this week for retesting 0.8863 first. For now, further rally is expected as long as 0.8705 support holds, in case of retreat.

EUR/JPY’s extended rise last suggests that correction from 186.86 has completed with three waves down to 180.78 already. But as a temporary top was formed at 184.75, initial bias remains neutral this week for consolidations first. On the upside, break of 184.75 will target 186.86 high. Firm break there will resume larger up trend to

Despite the late dip in USD/CAD, it’s still holding on to 1.3630 minor support. Initial bias stays neutral this week first. Outlook is unchanged that price actions from 1.3480 are forming a consolidation pattern. Upside should be limited by 55 D EMA (now at 1.3728). On the downside, firm break of 1.3630 will bring retest

AUD/USD remained bounded in consolidations below 0.7146 last week and outlook is unchanged. Further rise is expected with 0.6896 support intact. On the upside, firm break of 0.7146 will resume resume larger up trend to 100% projection of 0.5913 to 0.6706 from 0.6420 at 0.7213. In the bigger picture, current development argues that rise from

USD/CHF stays in consolidations above 0.7603 last week and outlook is unchanged. Initial bias stays neutral this week first. In case of another rise, upside should be limited by 55 D EMA (now at 0.7824). On the downside, break of 0.7603 will resume larger down trend, and target 0.7382 projection level next. However, sustained break

EUR/USD gyrated in tight range above 1.1740 last week. Initial bias remains neutral this week first. Risk will stay on the downside as long as 1.1928 resistance holds. Below 1.1740 will target 1.1576 support next. Firm break there should confirm rejection by 1.2 key psychological level and turn near term outlook bearish. However, break of

USD/JPY’s strong rebound lost momentum after hitting 156.81. Initial bias stays neutral this week first. Nonetheless, current development solidifies the case that price actions from 159.44 are merely a near term consolidation pattern. In other words, rise from 139.87 is still in progress. Above 156.81 will target 157.65 resistance and then 159.44 high. On the

Forex markets are closing out February in subdued fashion, with activity thinning as traders hold back from fresh positioning ahead of a heavy data calendar next week. Aussie remains the standout performer, supported by stronger-than-expected inflation data earlier this week, which reinforced expectations that the RBA will deliver another rate hike in May. Swiss Franc

Daily Pivots: (S1) 209.81; (P) 210.99; (R1) 211.72; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Pull back from 214.98 could have completed as a near term correction at 207.20. Above 212.10 will bring retest of 214.98 first. Firm break there will resume larger up trend. For now, risk will stay

Daily Pivots: (S1) 155.71; (P) 156.13; (R1) 156.55; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 156.81. On the upside, above 156.81 will resume the rally from 152.25 to 157.65 resistance first. Firm break there will target a retest on 159.44. high. On the downside, however, break of 153.90

Created on February 27, 2026 The British pound initially rallied during the trading session on Thursday, but it looks like we just don’t have any follow through and now we find ourselves hanging around the 1.35 level again. This is a market that is getting choppier and quite frankly sloppier day by day. We have

Market Overview Crypto market capitalisation has fallen back to $2.3 trillion, remaining at Thursday’s low. The upward momentum gained at the beginning of the week has not developed further, with traders preferring to sell as prices rise. Over the past three weeks, the market has mainly traded within the $2.20–2.40 trillion range. Local resistance roughly

Key takeaways Corrective rebound gaining traction: Gold has broken above $5,170 and extended its bounce from the $4,402 low, with price action evolving within a minor ascending channel and maintaining a bullish bias above $5,046 support. Falling real yields supportive: The US 10-year real yield has declined sharply from 1.98% to 1.72%, reducing the opportunity

Bitcoin (BTCUSD) continues to display an incomplete bearish sequence from the October 6 peak, which suggests that further downside remains possible. The extreme target zone derived from that peak lies between $41,411 and $52,204, and this area continues to serve as the broader downside objective. Despite this longer-term view, the cryptocurrency has been staging a

The People’s Bank of China announced today that it will lower the foreign exchange risk reserve requirement for financial institutions purchasing foreign exchange via forwards to zero from 20%, effective March 2. The move reverses a September 2022 tightening measure that had been introduced to curb rapid Yuan depreciation and stem capital outflows. At the

Steven Hatzakis, widely known in the retail trading industry as the Global Director of Online Broker Research at ForexBrokers.com, has formally launched ForexGPT, an AI-native trading platform designed to unify market analysis, trade execution and automation under a structured tool architecture. Rather than positioning itself as a chatbot bolted onto a broker dashboard, ForexGPT is

Things have gone from bad to worse at Estonia based Retail FX and CFDs broker Admirals Group AS. Admirals has released its unaudited financial results for 2025, indicating that the company’s business (and revenue base) collapsed in the second half of 2025 – and that was after a historically bad first half of the year