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Forex

Aussie Plunging on GDP Miss
Aussie Plunging on GDP Miss

Aussie GDP DisappointsThe Aussie Dollar has been heavily sold throughout the European morning on Wednesday as traders digest weaker-than-forecast data overnight. AUD quarterly GDP came in at 0.35 vs...

FX Options Insights 4/12/24
FX Options Insights 4/12/24

FX Options Insights 4/12/24EUR/USD's near-term expiry FX option implied volatility is facing downward pressure. Overnight, selling was observed at 11.5, with 1-week selling between 10.0 and 9.5,...

USD Edges Higher Amid French Political Uncertainty, Markets Eye Powell's Remarks
USD Edges Higher Amid French Political Uncertainty, Markets Eye Powell's Remarks

The US Dollar made modest gains on Wednesday, buoyed by political turbulence in Europe and cautious positioning ahead of key US economic indicators. As traders digest the potential fallout from...

AUDUSD Structural & Seasonal Setup
AUDUSD Structural & Seasonal Setup

AUDUSD Structural & Seasonal SetupIn this update we review the recent price action in the AUDUSD and identify the next high probability trading opportunity using structural and seasonal analysis....

GBPJPY H4 I Bullish Continuation?
GBPJPY H4 I Bullish Continuation?

TitleGBPJPY H4 I Bullish Continuation?TypeBullish ReversalPreference:price is falling to the pivot of 189.93, a pullback support close to 23.6% Fibo retracement. A reverse from this level could lead...

USDCAD H4 | Bearish Drop?
USDCAD H4 | Bearish Drop?

TitleUSDCAD H4 | Bearish Drop?TypeBearish ReversalPreference:The price is rising toward the pivot level of 1.4088, an overlap resistance close to 61.8 Fibonacci retracemment. A reversal from this...

Dissecting the Markets: USD Pulls Back as Fed Rate Cut Signals Stir Markets
Dissecting the Markets: USD Pulls Back as Fed Rate Cut Signals Stir Markets

The US Dollar Index (DXY) extends retreat from its recent highs, edging toward the lower end of the 106 range on Tuesday. The dollar's easing occurs even as investors remain wary of political...

GBP Resilient Despite Weak UK Data
GBP Resilient Despite Weak UK Data

UK Retail Activity PlungesGBPUSD remains in the green today despite bearish UK data, with a weaker US Dollar helping keep the pair propped up. The UK BRC retail sales monitor for November came in well...

Dollar Slips on Fed Comments - Jobs Data on Watch
Dollar Slips on Fed Comments - Jobs Data on Watch

USD Under PressureThe US Dollar has come under fresh selling pressure through early European trading on Tuesday.  Dovish comments from Fed’s Waller yesterday have fuelled a reversal of the gains we...