Forex Today: Key currency pairs steady at the start of the week
Market Overview for August 18th Here’s the latest for Monday, August 18th: Major currency pairs are showing some fluctuations, staying close to where they ended last week. Traders are, perhaps understandably, waiting for Ukrainian President Voldy Mie Zelensky to meet with U.S. officials, including President Donald Trump. The economic calendar looks pretty quiet today, with […]
Forex Today: US Dollar faces challenges in continuing its recovery before important US data
Key Updates for Friday, August 15th The US Dollar (USD) is facing challenges in maintaining its strength after experiencing gains against its main competitors on Thursday. Today’s economic calendar for the US includes reports on retail sales and industrial production data for July. Additionally, later in the session, the University of Michigan is set to […]
Today in Forex: US Retail Sales and sentiment indicators are in focus
Market Update: US Dollar and Commodity Movements The US Dollar (USD) showed some interesting movement on Thursday, influenced by a stronger-than-anticipated report related to producer prices and labor markets. Although trade tensions may have lessened somewhat, investors are still watching closely for the upcoming meeting between Trump and Putin on Friday. Key Insights for Friday, […]
GBP/USD Forex Signal for 14/08: Additional Gains for the Pound (Chart)
Created on August 14th, 2025 Optimistic Outlook Buy the GBP/USD pair with a target at 1.3675. Set a stop loss at 1.3425. Expected timeframe: 1-2 days. Pessimistic Outlook Sell GBP/USD pairs targeting 1.3425. Place a stop loss at 1.3675. The GBP/USD pair gained momentum as investors focused on earlier highs, thanks in part to a […]
EUR/USD Forex Signal for Today 11/08: Short-term Dip (Chart)
Created on August 11, 2025 Bearish Perspective Consider selling EUR/USD pairs and aim for a take profit at 1.1550. Set a stop loss at 1.1750. Expected timeline: 1-2 days. Strong Positive Outlook Buy the EUR/USD pair with a take profit set at 1.1750. Place a stop loss at 1.1550. The EUR/USD pair is hovering as […]
Weekly Forex Outlook – August 10th – August 15th (Charts)
Created on August 10th, 2025 The gold market showed positive movement this week, breaking past the $3,500 threshold. This level has acted like a ceiling for some time, so crossing it is bound to attract attention. Still, it’s worth mentioning that Friday’s trading action seems to be somewhat of a retracement, which makes me wonder […]
Today’s Forex: Investors focus on the Bank of England meeting
The US dollar (USD) continued its downward journey on Wednesday, hitting its lowest level in a few days. In the realm of central banks, both the Bank of England and Banikosiko are anticipated to implement a 25 basis points cut. This is what you’ll see on Thursday, August 7th: The US Dollar Index (DXY) managed […]
Today’s Forex: Attention on trade policy discussions and RBI decision
The US Dollar (USD) continued its positive trajectory at the beginning of the week, gaining ground amid ongoing discussions regarding trade policies from the White House, speculation about potential Federal Reserve cuts, and questions surrounding who will succeed Jerome Powell. Meanwhile, the focus is shifting to the Reserve Bank of India (RBI), which is expected […]
EUR/USD Forex Signal 05/08: Robust Support Zone (Chart)
Created on August 5, 2025 My last EUR/USD analysis on July 22 didn’t play out, as the price didn’t show any bearish action at the initial resistance levels. Today’s EUR/USD Signal Risk is set at 0.75%. Trades must be placed before 5 PM today. Short Trade Ideas Consider a short entry following a quick reversal […]
Forex Today: US Dollar strengthens from Fed impact, important data ahead
Thursday, July 31st Update The US Dollar (USD) has seen a slight correction today after experiencing a strong rally against its competitors on Wednesday. This strength was supported by solid economic data and a cautious approach from the Federal Reserve regarding its monetary policy. Today’s economic calendar for Europe includes inflation figures from Germany for […]