Forex Today: US Dollar resists negative pressure before upcoming data
Here’s what you should know for Friday, July 25th: US Dollar (USD) The Index gained over 0.3% on Thursday, breaking a four-day gain streak. This Friday, market activity is likely to pause as investors await the next driving factor. On the US economic calendar, durable goods orders for June will be released later. This week’s […]
Forex Today: ECB policy decisions and PMI figures to increase market volatility
Market Update for July 24th Here’s a quick look at today’s developments in the financial markets. On Thursday, July 24th, the focus has shifted from trade headlines to the European Central Bank’s upcoming monetary policy announcement. The Economic Calendar will also reveal July’s manufacturing and service purchasing manager index (PMI) data from Germany, the Eurozone, […]
AUD/USD Forex Signal 22/07: Upward Trend Remains Strong (Chart)
Optimistic Outlook Buy the AUD/USD pair and aim for a target at 0.6600. Set a stop loss at 0.6450. Duration: 1-2 days. Pessimistic Outlook Sell the AUD/USD pair and target a price of 0.6450. Implement a stop loss at 0.6600. The AUD/USD currency pair stayed within an upward trend shortly after announcements from the Reserve […]
Forex Today: US Dollar faces challenges in regaining strength as Trump and Powell’s disagreements intensify
Key Updates for Tuesday, July 22nd The US Dollar (USD) started the week facing challenges, showing significant losses against major currencies on Monday. Although it maintained some stability early Tuesday, investors seemed hesitant to jump back into the market. Much of the focus remains on the ongoing conflict between US President Donald Trump and Federal […]
Forex Today: US Dollar solidifies weekly gains as attention turns to US confidence data
Friday Update: Financial Market Overview Here’s a brief summary for Friday, July 18th: The financial markets exhibited a rather calm demeanor this morning. The US Dollar (USD) is currently holding steady, consolidating its weekly gains around the 98.50 mark. A few hours from now, we’ll see the release of building permit data on the US […]
Forex Today: US Dollar strengthens again before upcoming moderate data releases
Market Overview – July 17th Here’s a quick look at what’s happening on Thursday, July 17th: After some ups and downs on Wednesday, the US Dollar (USD) is expected to strengthen against other currencies this morning. Investors are also looking ahead to the US Economic Calendar, which will present weekly unemployment claims and retail sales […]
EUR/USD Forex Signal for Today 16/7: Uncertain Recovery
After a series of strong performances from the US dollar, traders have finally started seeing consistent gains over the last few hours. The previous EUR/USD signal from July 9 wasn’t activated. Today’s EUR/USD Signal Risk is set at 0.75%. Trades need to be entered by 5 PM London time today. Short Trade Ideas Short after […]
Asia-Pacific Forex news summary: Narrow trading ranges remained
High Risk Warning: Forex trading involves a significant level of risk, which might not be suitable for everyone. The use of leverage increases both risk and potential losses. Before engaging in Forex trading, it’s important to carefully evaluate your investment objectives, experience, and ability to handle risk. There’s a possibility of losing your initial investment, […]
GBP/USD Forex Signal for Today 15/7: Tests Important Support Level (chart)
A strong view Buy GBP/USD pair and target a profit at 1.3600. Set a stop loss at 1.3300. Timeframe: 1-2 days. A bearish view Sell GBP/USD pairs with a target profit at 1.3300. Set a stop loss at 1.3600. The GBP/USD exchange rate has dropped significantly recently, falling from 1.3790 on July 1st to around […]
Forex Today: Market attention turns from trade to US CPI inflation figures
Market Update: July 15th Essential points for today. The market exhibits a cautious optimism during early European trading on Tuesday. There’s been backlash against US President Donald Trump’s recent tariff threats, alongside criticism of Federal Reserve Chairman Jerome Powell in light of China’s second-quarter GDP figures. Trump has warned that if Russian President Putin fails […]