AUD/USD Price Outlook: Bulls target 0.7100 following weaker US Retail Sales

Australian Dollar maintains strength as China’s CPI increases in January

The Australian dollar saw an increase on Friday as disappointing US retail sales stirred concerns about the economy, leading to speculation that the Federal Reserve would hold off on raising interest rates. The AUD/USD pair gained 0.34%, reaching 0.7083. AUD/USD Price Forecast: Technical Outlook Despite showing some strength on the daily chart, AUD/USD has struggled […]

GBP/JPY Price Outlook: Bulls regain 218.00 as RSI shows improvement

GBP/JPY falls to the mid-215.00s as BoE decision restricts decline.

GBP/JPY increased by over 0.30% to cross the 218.00 mark, buoyed by improved risk appetite concurrent with a general decline of the US dollar after the Fed’s monetary policy adjustments. The pairing is now trading around 218.50, following a low point of 217.16 earlier in the day. GBP/JPY Price Forecast: Technical Outlook Despite initially appearing […]

Brentford is bringing in goalkeeper Aidan Stokes from the Red Bulls on loan.

Brentford is bringing in goalkeeper Aidan Stokes from the Red Bulls on loan.

Aidan Stokes Signs Loan Deal with Brentford Aidan Stokes, an 18-year-old goalkeeper from the U.S. youth national team and a prospect with Red Bull New York, is set to join Premier League club Brentford on loan, as confirmed on Wednesday. He’ll be part of Brentford’s Premier League 2 team, which functions as the development league […]

GBP/JPY Price Prediction: Remains above 218.00 as bulls target yearly high

GBP/JPY increases as Yen weakens due to oil prices and the interest rate gap between the Bank of England and the Bank of Japan supports a positive outlook

The British pound has lost some strength following the appointment of new Prime Minister Andy Burnham, with the pound/yen pair stabilizing around 218.20. There are concerns about potential intervention from Japanese authorities, which have limited the pair’s upward movement, keeping it close to the highs seen earlier this year on July 15. GBP/JPY Price Forecast: […]

6 NBA Summer League responses on the Lakers, Warriors, Bulls, and others

6 NBA Summer League responses on the Lakers, Warriors, Bulls, and others

It’s important not to read too much into NBA Summer League performances. There are plenty of instances where top talents have kicked off their careers in Las Vegas with less-than-stellar outings. For instance, Cooper Flagg and Victor Wembanyama didn’t shine during their summer league debuts. Jalen Brunson faced serious challenges, Draymond Green had a rough […]

EUR/USD Price Outlook: Bulls stay wary beneath the 23.6% Fibo and 1.1470 barrier.

EUR/USD holds steady over 1.1800 before Eurozone CPI and US data

The EUR/USD pair is seeing some bullish interest after bouncing back from a horizontal resistance level that was established at 1.1460-1.1470 the previous day. Still, it hasn’t really broken free from the range observed a few weeks back. During the Asian session on Wednesday, prices remained between 1.1435 and 1.1440, marking a second consecutive day […]

Belgian Grand Prix highlights feature the championship battle and Red Bull’s prospects.

Belgian Grand Prix highlights feature the championship battle and Red Bull's prospects.

Formula 1 Returns to Spa-Francorchamps This weekend, Formula 1 resumes at the historic Spa-Francorchamps for the Belgian Grand Prix. Let’s dive into this week’s highlights. Lewis Hamilton’s recent win at the Spanish Grand Prix marked his debut victory in Ferrari red, reigniting his hopes for the drivers’ championship title. Although Ferrari drivers have been competitive, […]