USD/CHF continues to press against the key 0.82 resistance area as hotter US inflation reinforces expectations for a Fed rate hike.
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CAD/JPY is testing the important ¥110.50 area as weaker oil prices weigh on the Canadian dollar and yen strength keeps pressure on the pair.
EUR/AUD remains under pressure as Australia’s higher interest-rate backdrop continues to favor the Aussie despite the ECB’s recent hike.
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EUR/CHF has broken above 0.94 as the rate differential continues to support the euro over the Swiss franc. The broader trend remains bullish, with pullbacks viewed as buying opportunities and 0.9640 emerging as the next major upside target.
USD/JPY is attempting to stabilize after recent yen strength pressured the pair. The ¥155 level is the key near-term barrier, while upcoming Fed and Bank of Japan decisions could determine whether the dollar recovers toward ¥156.50–¥157.
AUD/CHF remains supported around 0.58 as the wide rate differential continues to favor the Australian dollar over the Swiss franc.
The USD/MXN remains in the lower part of its long-term range after having moved within lower values in the middle of last week that tested late May 2024 terrain. The slight reversals higher produced since then remain technically intriguing...
AUD/USD Forex Signal: Sell Setups Below 0.7154
BTC/USD remains under pressure ahead of the Federal Reserve decision as ETF outflows, rising oil prices and higher bond yields weigh on sentiment
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GBP/USD is trading near the lower boundary of its ascending channel ahead of key Federal Reserve and Bank of England decisions.
EUR/USD is under pressure after forming a rising wedge and slipping below the 50-period EMA. Bearish momentum indicators reinforce the downside risk, with 1.1500 emerging as the key target ahead of Wednesday’s Federal Reserve interest rate decision.
Although longer-term charts look consolidative, we can see zooming in to the hourly chart below that the price has clearly made another short-term trend change, this time from bullish to bearish, as evidenced by a third and descending linear regression analysis study which effect
The price of WTI Crude Oil has sprung back into a nervous higher realm and speculators wagering in the energy sector will find themselves within the midst of sentiment shifts which will continue to be reactive.
The week's breadth readings produced two flips, and the post-close 27/73 continues on the negative side. DOT and NEAR are still positive on the rolling week, Bitcoin is below its 20-period average, and the majority of the cleaned field is negative.
The Federal Reserve's policy decision on Wednesday is the near-term catalyst that will determine whether consolidation friction finally breaks into a committed directional move. Rate divergence between the Fed and ECB remains the primary driver of EUR/USD positioning.