David Song
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EUR/USD Halts Three-Day Selloff to Keep RSI Out of Oversold Territory
EUR/USD halts a three-day selloff to keep the Relative Strength Index (RSI) out of oversold territory.
USD/CAD Rebound Pushes RSI Back Towards Overbought Zone
USD/CAD extends the rebound from the weekly low (1.4338) to push the Relative strength Index (RSI) back towards overbought territory.
British Pound Forecast: GBP/USD Pushes Below May Low to Eye 2024 Low
GBP/USD trades below the May low (1.2446) as it extends the decline from earlier this week.
AUD/USD Vulnerable to Change in RBA Policy
AUD/USD holds below pre-US election rates as trades at its lowest level since 2022.
US Economy Proves Stronger-Than-Expected in 2024
The US economy performed better-than-expected in 2024, with the International Monetary Fund (IMF) upgrading its growth forecast for the region.
US Dollar Forecast: EUR/USD Defends Yearly Low to Keep RSI Above 30
EUR/USD appears to be defending the yearly low (1.0333) as it rebounds from a fresh monthly low (1.0343).
GBP/USD Holds Below Pre-Fed Levels Even as BoE Keeps Bank Rate Steady
GBP/USD struggles to retrace the decline following the Federal Reserve interest rate decision even as the Bank of England (BoE) keeps the Bank Rate at 4.75%.
USD/JPY Rallies as Fed Forecasts Less Rate-Cuts for 2025
USD/JPY rallies to a fresh monthly high (154.64) even as the Federal Reserve implements a 25bp rate-cut at its last meeting for 2024.
US Dollar Forecast: AUD/USD Approaches November 2023 Low
AUD/USD approaches the November 2023 low (0.6318) as it gives back the advance from the start of the week.
USD/CAD Pullback Keeps RSI Below Overbought Territory
USD/CAD pulls back from a fresh yearly high (1.4271) to keep the Relative Strength Index (RSI) below overbought territory
US Dollar Forecast: EUR/USD Attempts to Halt Five-Day Selloff
EUR/USD attempts to halt a five-day selloff as it recovers from a fresh monthly low (1.0453).
USD/JPY Stages Five-Day Rally for First Time Since June
USD/JPY climbs to a fresh monthly high (153.75) as it stages a five-day rally for the first time since June.
Gold Price Forecast: Bullion Remains Below Pre-US Election Prices
Gold continues to hold below pre-US election prices as it gives back the advance from the start of the week.
Canadian Dollar Forecast: USD/CAD Climbs to Fresh Yearly High
USD/CAD trades to a fresh yearly high (1.4200) as it retraces the decline following the Bank of Canada (BoC) meeting.