2+ day, 16+ hour ago   (195+ words) EUR/JPY has initiated a minor bullish correction, with price action pointing toward the 180.00 level as a potential upside target. Despite this temporary counter-trend move, the overarching technical structure remains firmly bearish. Consequently, traders will continue viewing each bullish retracement…...

2+ day, 21+ hour ago   (335+ words) EUR/USD extended its decline on Thursday, trading near 1.1604 and losing around 0.25% as renewed US Dollar strength pressured the Euro. The pair failed to gain meaningful support from the European Central Bank’s widely anticipated interest-rate increase, while stronger US producer…...

2+ day, 20+ hour ago   (256+ words) FXDailyReport.Com USD/CHF recovered above 0.8100 on Thursday as the Swiss Franc surrendered earlier gains during a relatively quiet trading session The pair remains near the middle of its weekly range, while the Franc faces pressure from the widening monetary-policy…...

4+ day, 11+ hour ago   (321+ words) CADCHF has been grinding higher within a well-defined ascending channel that’s been intact for over a month, with price recently tagging the channel top near the 0.5884 area before stalling. This test of channel resistance could set the stage for a…...

5+ day, 12+ hour ago   (312+ words) GBPCAD recently broke down from its descending triangle formation, as price slipped below the pattern’s flat support near the 1.8602 mark before bouncing back up to retest this broken floor turned potential resistance. The Fibonacci retracement tool shows where sellers could…...

6+ day, 1+ hour ago   (278+ words) The Canadian dollar was ticked up slightly during the quiet Labor Day holiday trading session after President Donald Trump warned the imbalance between the loonie and the US dollar would end. In a September 6 Truth Social post, President Donald Trump…...

6+ day, 10+ hour ago   (329+ words) EURCAD had been carving out higher lows since late July, with a rising trend line connecting these swing points into what looked like an ascending triangle formation. That support gave way in early September, as price sliced through the trend…...

1+ week, 1+ day ago   (289+ words) GBP/USD recovered from an initial decline on Friday after stronger-than-expected US employment data briefly boosted the US Dollar (USD). The pair dropped to an intraday low of 1.3482 following the release before regaining ground, trading around 1.3512 at the time of…...

1+ week, 1+ day ago   (334+ words) On Friday, the US dollar index pulled back from the session highs of about 99.43 to trade at about 99.16 after the latest US data. The DXY had earlier completed a sideways breakout from a descending channel formation on the 60-minute chart....

1+ week, 3+ day ago   (328+ words) NZDUSD has broken down below the rising trend line that had guided its climb since early July, with price also slipping beneath the 100 SMA in a signal that the broader uptrend may be losing steam. The pair tumbled sharply from…...