Relevant Forex News to
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Use this section to stay updated about the latest market events, forex trading trends and news that has the potential to drive market moves.

24 Apr 2019

Sterling Weekly Price Outlook: GBP/USD Breakdown Searches for Support

Sterling broke a multi-month consolidation pattern last week with price now eyeing broader uptrend support. Here are the levels that matter on the GBP/USD weekly chart.

24 Apr 2019

USDCAD Rate Risks Near-Term Breakout on Dovish Bank of Canada (BoC)

The Bank of Canada (BoC) meeting may fuel the recent advance in USD/CAD as the central bank is widely anticipated to keep the benchmark interest rate at 1.75% in April.

24 Apr 2019

US Dollar Price Action Setups in EUR/USD, USD/CAD

The US Dollar perched up to a fresh yearly high yesterday, but buyers haven't been able to make much ground beyond. USD/CAD is testing key resistance ahead of BoC.

24 Apr 2019

US Dollar, Yen Rise as Currencies Question Wall Street Optimism

Currency markets are showing all the telltale signs of risk aversion despite exuberance on Wall Street even as S&P 500 technical positioning flashes warning signs.

24 Apr 2019

Crude Oil Price Chart Flashing Early Bearish Reversal Warning

Crude oil prices may turn lower if early technical clues pointing to ebbing upside momentum find a complimentary catalyst in incoming earnings reports.

23 Apr 2019

Slowing Australia CPI to Keep AUDUSD Rate Under Pressure

Updates to Australia’s Consumer Price Index (CPI) may fuel the recent decline in AUD/USD as the is expected to narrow to 1.5% from 1.8% in the fourth-quarter of 2018.

23 Apr 2019

AUD/USD May Turn on Channel Support. S&P 500, US Dollar, Yen Climb

The Australian Dollar may reverse on CPI data as AUD/USD sits on rising channel support. As the S&P 500 hit a record high, forex markets were hesitant. The anti-risk USD, JPY rose.

23 Apr 2019

Aussie Weekly Price Outlook: AUD/USD Rejected at Resistance

Aussie is down more than 1.6% from the April high with price continuing to trade within a critical range. Here are the levels that matter on the AUD/USD weekly chart.

23 Apr 2019

Top 5 Events: Q1’19 Australia Inflation Report & AUDUSD Price Forecast

The Q1’19 Australia inflation report is due on Wednesday, April 24 at 01:30 GMT.

23 Apr 2019

Bullish Oil Price Behavior to Persist as RSI Sits in Overbought Area

Oil prices may continue to carve a series of higher highs and lows as the Relative Strength Index (RSI) pushes back into overbought territory.