EUR/USD Price Outlook: Bulls stay wary beneath the 23.6% Fibo and 1.1470 barrier.
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 […]
AUD/USD Outlook: Retracts from two-week peak as 38.2% Fibo. limits
AUD/USD Analysis The AUD/USD has pulled back a bit from the two-week peak of 0.6960 reached during Tuesday’s Asian trading, and it seems the recent three-day rally might have stalled for the time being. Still, the drop doesn’t seem particularly strong, so it’s probably best to be cautious before deciding that the recent recovery from […]
AUD/USD Price Outlook: Requires a clear breakthrough above the 50% Fibo retracement at 0.7050 for further gains
The Australian dollar was down by 0.22% to approximately 0.7035 during early trading in Europe on Friday. This decline is attributed to a rebound in the US dollar after Iran reportedly rejected a memorandum of understanding that President Trump claimed had been agreed upon by the Iranian leadership, as covered by Iran’s Fars news agency. […]
AUD/USD Price Outlook: Remains under pressure from weaker Aussie GDP around 0.7170/23.6% Fibo.
The AUD/USD pair faced new selling pressure during the Asian session on Wednesday, reversing much of the gains seen the previous day. That said, it has managed to hold above the 0.7150 mark, remaining within its recent trading range. Today’s data revealed that Australia’s economy expanded by 0.3% in the first quarter of 2026—quite a […]
USD Dollar Index (DXY) Price Outlook: Holds onto gains above 99.00, close to 23.6% Fibo.
The dollar index (DXY), which measures the dollar against a group of currencies, gained some ground on Tuesday, recovering from losses experienced the previous day and reaching a low seen over the past week. Throughout early trading in Europe, the index showed a modest upward trend, currently sitting just above the 99.00 mark, reflecting an […]
EUR/USD Price Outlook: Stays around 1.1650 as buyers aim to push gains beyond 23.6% Fibo.
EUR/USD Outlook for the Week This week starts off with a bullish trend for EUR/USD as hopes for a potential peace deal between the US and Iran are affecting the US dollar’s (USD) status as a safe haven. The pair may inch upwards toward the mid-1.1600s during the Asian trading hours. However, it’s wise to […]
USD/JPY Outlook: Approaches 200-SMA, 23.6% Fibo. around 155.75
The USD/JPY pair is experiencing a slight pullback from the recent high of 156.80 to 156.85, which was reached just a day ago. During Thursday’s Asian trading session, the price dropped to roughly 155.75. It seems that the two-day winning streak has come to a halt, and several factors appear to be at play here. […]
EUR/USD Price Forecast: Two-day uptrend pauses near 50% Fibo., looks to US NFP for fresh impetus – FXStreet
EUR/USD is consolidating gains from Tuesday's over two-week lows. Investors are eagerly awaiting details of the U.S. jobs report before placing any new directional bets. This setup favors bullish traders and boosts the prospects of further upside. The EUR/USD pair struggled to capitalize on the gains recorded over the past two days and fluctuated within […]