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USD
The US dollar managed to stage a rebound after consecutive days of declines, with many attributing this move to mere profit-taking.
EURGBP has been sliding lower in the past couple of days but the longer-term uptrend remains intact.
USD
The US dollar was unable to benefit from the safe-haven rallies as dovish Fed rhetoric was front and center.
EURNZD has been trending higher on its 4-hour time frame and is testing the ascending trend line connecting the lows since late July.
USD
US banks were closed on Labor Day Monday so markets were off to a slow start.
EURCAD could be in for a selloff as the pair formed a double top classic reversal pattern and broke below the neckline at the 1.4750 minor psychological level.
USD
The dollar dipped upon seeing downbeat NFP data as this could hurt the chances of seeing a Fed rate hike this month.
EURJPY recently broke past the 130.00 major psychological level and zoomed to a high of 131.60 before going for a correction.
USD
The US dollar rallied when Treasury Secretary Mnuchin reiterated that they have a detailed plan for tax reform set to be implemented before the end of the year.
GBPNZD has been trending higher and moving inside an ascending channel visible on its 4-hour chart.
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Instrument | Bid | Ask | Spread |
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Instrument | Bid | Ask | Spread |
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2023 Martin Luther King Holiday Schedule
Due to the Martin King Holiday on 16 January, 2023, market activity and liquidity may be lower than usual....
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