GBP/USD is showing bullish signs above the 1.2870 zone. EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is gaining pace above the 1.2870 zone against the US Dollar. There is a connecting bullish trend line forming with support

Canadian Dollar endured a roller-coaster session overnight, initially hitting turbulence after US President Donald Trump threatened to double tariffs on Canadian steel and aluminum imports to 50%. Markets were rattled by the surprise escalation, which was set to take effect within hours. However, the situation shifted after Ontario Premier Doug Ford agreed to suspend a

Created on March 11, 2025 Bearish view Sell the GBP/USD pair and set a take-profit at 1.2700.. Add a stop-loss at 1.3000. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3000. Add a stop-loss at 1.2695. The GBP/USD exchange rate rose to a multi-month high of 1.2925 as the

Created on March 11, 2025 Key Analysis Points: EUR/USD Performance Neutral Around Gains, Awaiting New Catalysts. US Inflation Most Closely Monitored This Week. Effectiveness of European Stimulus Impacts Euro Gains. During last week’s trading, the EUR/USD currency pair jumped from the support level of 1.0388, with gains extending to the resistance level of 1.0888, the

Markets There were hardly any (US) data with market moving potential yesterday. If anything, the NY Fed 1-year inflation gauge again drifted marginally higher (3.13%). US officials, including Donald Trump, also abstained from ‘high profile’ comments. Still, it didn’t change markets’ assessment. The unwinding of the US exceptionalism trade continued and even intensified. Major US

Will the US dollar continue to decline next week, or have markets reached a key turning point? Watch today’s Weekly Forex Forecast to see how I’m trading the DXY, EURUSD, GBPUSD, AUDUSD, and XAUUSD next week. US Dollar Index (DXY) Forecast The DXY just had its worst week since November 2022. Interestingly, the price action

Created on March 11, 2025 Bearish view Sell the BTC/USD pair and set a take-profit at 73,750. Add a stop-loss at 84,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 84,000. Add a stop-loss at 73,750. The BTC/USD pair continued its freefall this week, falling to its lowest level

The AUD/USD outlook suggests weak risk appetite. Trump has assumed an aggressive approach to tariffs, threatening the US economy. Market participants will focus on US inflation data for more clues on Fed rate cuts. The AUD/USD outlook suggests weak risk appetite as Trump’s tariffs drive fears of a US recession. Consequently, the risk-sensitive Australian dollar

Created on March 11, 2025 Key Analysis Points: Gold Remains in an Uptrend. Gold Bulls Await Further Stimulus to Advance. Tensions from Trump’s Policies Will Support the Market. Amid the lack of further stimulus for the gold market and the markets’ anticipation of US inflation figures, gold prices were exposed to profit-taking sales starting from

Created on March 11, 2025 PU Prime is proud to announce that the PU Prime App has been awarded with the “Innovative Trading App of the Year – Canada 2025” from The Global Economics. This prestigious award highlights our commitment to delivering world-class trading solutions that empower traders with advanced technology and seamless user experience.

Created on March 11, 2025 My previous AUD/USD signal last Tuesday produced a profitable short trade from the bearish doji reversal at the resistance level of $0.6237. Today’s AUD/USD Signals Risk 0.50% Trades must be taken before 5pm Tokyo time Wednesday. Short Trade Ideas Go short following a bearish price action reversal on the H1

The risk-off sentiment that triggered the biggest US stock market selloff in months has spilled over into Asian markets, leading to broad declines across the region. The currency markets reflect this shift too, with traditional safe havens such as Japanese Yen and Swiss franc leading gains in Asia, while risk-sensitive currencies like the Australian and

Market picture The crypto market is down 4% in the last 24 hours to $2.7 trillion and has been under selling pressure since Sunday afternoon. This can be attributed to a desire to convince the community of the Crypto Summit’s weak results, even though the outcome was quite predictable and not that bad. Trading volumes

Argentina’s foreign exchange reserves reached an all-time high of $65 billion in April 2019. Forex trading remains a popular financial instrument for Argentine investors in 2025.  The Comisión Nacional de Valores (CNV) is the main authorised body overseeing trading practices in Argentina.  The income tax rate for forex trading in the South American country ranges

Created on March 11, 2025 During the early hours on Monday, we have seen the text get absolutely crushed, slamming to the downside for a loss of well over €500. At this point in time, the question is whether or not we can find some type of bounce, or even just a little bit of

Created on March 10, 2025 Potential Signal: I am a buyer of this pair at the 0.9575 level, with a stop loss at the 0.9490 level. I would be aiming for the 0.9750 level. During the trading session on Wednesday, we have seen the euro dropped to the 0.95 level against the Swiss franc, before

Created on March 10, 2025 Bullish view Buy the GBP/USD pair and set a take-profit at 1.3100. Add a stop-loss at 1.2800. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.2800. Add a stop-loss at 1.3100. The GBP/USD exchange rate continued rising, reaching its highest level since November 8

Created on March 10, 2025 Bullish view Buy the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6250. Timeline: 1-2 days. Bearish view Set a sell stop at 0.6285 and a take-profit at 0.6200. Add a stop-loss at 0.6400. The AUD/USD exchange rate moved sideways even as the US dollar index