Currency Analysis & Comment

The downtrend resistance line is around $1.05825, which makes this supply zone a strong area where the sellers are waiting and where the bulls will move out from their trades.           

The US Dollar (USD) stages a recovery against the Canadian Dollar (CAD) amid a subdued trading session sparked by thin liquidity conditions caused by

The GBP/USD hovers below 1.2100 amid a subdued trading session on low volume conditions spurred by the US Thanksgiving holiday, with the US equity mar

Silver is falling on the last day of the week. It bottomed during the American session at $21.14 and then quickly bounced back above $21.30, as the co

Looking at EURUSD’s chart, we can see that the FX pair is traded at the rate of around $1.0416 falling down from its resistance level of around $1.0430-0445.

GBP/USD continues to press higher and an important technical landmark is within touching distance.

EUR/USD faces some selling pressure and slips back to the area below the 1.0400 mark at the end of the week. A close above the key 200-day SMA, today

A further unwinding of long dollar positioning remains the risk, but we think the dollar is getting close to some decent support levels.

Silver edges lower on the last day of the week and moves further away from over a one-week top, around the $21.65-$21.70 region touched on Thursday. T

The NZD/USD pair has attempted a recovery after dropping to near 0.6250 in the Asian session. The market mood is extremely quiet as investors are retu

GBP/USD is easing from three-month highs of 1.2153, as bulls take a breather on Black Friday. Amid extended holiday-thinned market conditions, the US

The Euro (EUR) fell sharply against the Japanese Yen (JPY), on Thursday, amidst an improved market sentiment, which usually benefits the shared curren

The AUD/USD pair is displaying back-and-forth moves in a 10-pips range in the early Asian session. The Aussie asset has turned sideways after printing