Currency Analysis & Comment

NZD/USD remains directionless, recently easing to 0.7067 ahead of Friday’s European session. The kiwi pair refreshed weekly top the previous day befor

USD/CNH fades bounce off weekly low around $6.4620 during early Friday. In doing so, the offshore Chinese currency (CNH) pair remains trapped inside a

USD/INR has been drifting higher towards the 74 level this week. However, the bears are present and there are chances of a restest of the hourly 21-EM

USD/CAD stays pressured around an intraday low of 1.2641, down 0.08% during the fourth daily fall amid early Friday. In doing so, the Loonie pair sell

In a 61.85 Fibonacci retracement, AUD/USD is testing the bearish commitments near the 0.73 figure following heavy buying on Thursday. Bulls are moving

AUD/JPY edges mildly higher in the Asian trading hours on Friday morning. The pair gained in the previous session, which constitutes a rise of more th

The EUR/JPY bulls take a breather. On Thursday, the pair posted a 120-pip rally, printing a new weekly high at 129.55, recording almost a 1% gain on t

The GBP/JPY is steadily trading at 151.39, barely down 0.01% as the Asian session kicks in. On Thursday, the cross-currency dipped to a daily low of 1

GBP/USD defends 1.3700, recently picking up bids near 1.3720, during a pullback from 50-SMA. Even so, the cable pair keeps the previous day’s upside m

EUR/USD again fades upside momentum below 1.1750, retreats to 1.1738 at the latest, after rising the most in six weeks. That said, the quote seesaws i

AUD/USD has shot up to fill in the prior day's wick to a 61.8% Fibonacci retracement target and now faces a wall of resistance. The following illustra

EUR/USD attempts to halt a five day decline as the Federal Reserve sticks to the sidelines, and the exchange rate may stage a larger recovery over the remainder of the month as it appears to be...

The direction of the EUR/USD on Thursday is being controlled by 1.1690.

The USD/CAD price plunged in the short term after failing to stabilize above the 1.2807 static resistance. The pair is trading at 1.2668 level above the 1.2650 yesterday’s low.