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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
2+ 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
2+ day, 23+ 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…...
GBP/JPY Forecast 09/09: GBP Attempting to Bounce
3+ day, 23+ 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…...
AUD/USD Signal 09/09: Aussie Rally Losing Momentum
4+ day, 40+ 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…...
GBP/AUD Forecast 08/09: RBA-BoE Policy Divergence
4+ day, 23+ hour ago (319+ words) During the session on Monday, we saw the British pound struggle a touch against the Aussie dollar, something that has been the case for a while. During the session on Monday, the British pound has been relatively flat against the…...
AUD/USD Signal 08/09: Risk of a Bearish Reversal
5+ day, 30+ min ago (384+ 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 held steady at its highest level since May 14 this year after China announced a new stimulus and as traders waited for…...
Forex Today 08/09: BOJ Hike Expectations Firm
5+ day, 1+ hour ago (586+ 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…...
AUD/USD Near 4-Month High as US CPI Tests Rally
5+ day, 2+ hour ago (292+ words) However, as expectations have grown that the Federal Reserve will also lift its benchmark funding rate later this month following Fed Chair Kevin Warsh’s hawkish Jackson Hole address and Friday’s better-than-expected employment data, traders will pay close attention to important…...
AUD/USD Signal 03/09: Rising Wedge Points to a Retreat
1+ week, 3+ day ago (395+ words) Sell the AUD/USD pair and set a take-profit at 0.7050. Add a stop-loss at 0.7050. The AUD/USD pair firmed after data showed Australia's economy remained resilient despite lingering headwinds, while a stalled US dollar rebound added further support. The pair…...
GBP/USD Price Outlook as Dollar Strength Pressures Sterling
1+ week, 3+ day ago (531+ words) This currency pair has spent recent months rewarding traders who were prepared to buy dips, but the market is beginning to look much less comfortable with that familiar pattern as the US Dollar stays strong. The recent move lower is…...