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Selling NZDUSD into gains preferable in the short term

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The New Zealand dollar was crushed earlier during the Asian session against the US dollar. The main reason for the same was the dovish...

EURAUD sellers to return after a minor correction

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The Euro is trading lower against the Australian dollar, as the latter one was bid earlier during the Asian session. I think the EURAUD...

Euro looks set for more gains against the New Zealand dollar

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The Euro is trading lower against the US dollar, but is trading a touch higher against the New Zealand dollar. The EURNZD pair has...

GBPUSD sellers return post awful UK manufacturing production data

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The British pound was seen trading lower during today’s London session, as the UK manufacturing production data which was released came softer-than-expected, and ignited...

Upward bias in GBPUSD after mild profit taking

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The British pound remains one of the best-performing currencies lately. It has recently created a new multi-year high above the 1.7150 level against the...

Upward bias in USDCAD after mild profit taking (extract from Weekly...

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The Canadian dollar is trading a touch lower against the US dollar. However, the USDCAD pair is heading towards an important support area in...

EURJPY might present a classical sell opportunity (extract from Weekly Market...

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The Euro moved lower against some of the major currencies, including the Japanese yen. The EURJPY pair has breached the 200-day moving average, which...

Bullish bias in NZDUSD after mild profit taking

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The New Zealand dollar is trading higher against most of its major counterparts after the RBNZ decided to raise the interest rates. I think...

AUDCAD rally running out of steam

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The Australian dollar is trading higher against most of its major counterparts. However, I think that the Australian dollar might be heading towards a...

Selling Rallies Short-term and Buying Dips favored in USDCAD (extract from...

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The US dollar was seen trading lower against the Canadian dollar this past week. There is now a down-move trend line formed on the...

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