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DailyForex, founded in 2008, is the leading source for daily market news, technical analysis, up-to-date Forex broker reviews and comparisons, forex signals, and more. DailyForex offers valuable resources to help traders navigate the complex financial markets, trade confidently, and make more informed market decisions.
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News
GBP/JPY Forecast: GBP/JPY Tests??207 Support as Yen Carry Trade Unwind Continues
3+ day, 22+ hour ago (435+ words) DailyForex, founded in 2008, is the leading source for daily market news, technical analysis, up-to-date Forex broker reviews and comparisons, forex signals, and more. DailyForex offers valuable resources to help traders navigate the complex financial markets, trade confidently, and make more…...
GBP/USD Signal: Settles at Key Support as Crude Oil Prices Jump
3+ day, 22+ hour ago (404+ words) GBP/USD pair wavered as traders reacted to the ongoing jitters in the bond market and as crude oil prices soared. It jumped to 1.3545, with traders focusing on the upcoming macro data from the United States and the UK. The…...
AUD/USD Signal: Rising Wedge Nears Confluence as Bond Yields Jump
3+ day, 22+ hour ago (374+ words) The AUD/USD pair has trended higher over the past few months as investors recalibrated their expectations for the Reserve Bank of Australia's next move amid persistently elevated inflation. It has moved from the June low of 0.6867 to the current…...
GBP/USD Near 1.3570 Ahead of US CPI and UK GDP
4+ day, 1+ hour ago (547+ words) dailyforex.com - GBP/USD Awaits CPI Test as 1.3570 Caps Bullish Breakout This currency pair has been trading quietly over recent hours after beginning to make a reversal about one week ago. The reversal looked like it was technically significant, so…...
Bitcoin Recovery Momentum Faces Resistance Near $86K
4+ day, 16+ hour ago (709+ words) The crypto market appears calm as major pairs consolidate in macro ranges that have defined their price actions for the better part of the summer. After stalling at and slightly retreating from key resistance areas, traders may be underestimating the…...
GBP/JPY Forecast 09/09: GBP Attempting to Bounce
4+ day, 22+ hour ago (333+ words) The GBP/JPY pair has dropped significantly, only to turn things around and show signs of life again. The British pound initially fell against the Japanese yen as we continued to see a lot of carry trade unwind around the…...
GBP/USD Forex Signal 09/09: Buy Setups Above 1.3554
5+ day, 1+ min ago (504+ words) The GBP/USD currency pair is certainly going to be one of the pairs in the focus of Forex analysts today, despite the dominance of Forex action by the Japanese Yen over the past few days. It is worth noting…...
BTC/USD Signal 09/09: On Edge as Geopolitical Risks Rise
5+ day, 20+ min ago (343+ words) Sell the BTC/USD pair and set a take-profit at 75,000. Add a stop-loss at 82,500. Bitcoin price remained under pressure this week as concerns about inflation continued amid the escalating situation in the Middle East. The BTC/USD pair fell to…...
AUD/USD Signal 09/09: Aussie Rally Losing Momentum
5+ day, 16+ min ago (408+ words) Sell the AUD/USD pair and set a take-profit at 0.7100. Add a stop-loss at 0.7100. The AUD/USD exchange rate continued rising, and is now hovering at its highest point since May 15 this year. It was trading at 0.7218 as traders reacted…...
EUR/CHF Forecast 08/09: Grind Against the Weak Franc
5+ day, 22+ hour ago (323+ words) The euro continues to see a lot of upward pressure, with the idea that interest rates continue to favor the Europeans, as well as the idea that they will raise them again, coming into the picture. The euro is slightly…...