USD/MXN Price Analysis: Remains on the defensive below 18.00 mark, downside seems limited
USD/MXN struggles to gain any meaningful traction, though the bias remains tilted in favour of bulls. Any further slide could attract fresh buyers near the 17.80 confluence breakpoint, now turned…
USD/MXN Price Analysis: Consolidates in a range around 18.20 area, just below 38.2% Fibo.
USD/MXN lacks any firm intraday direction on Tuesday and remains confined in a narrow range. The technical setup favours bulls and supports prospects for an extension of a one-month-old uptrend.…
GBP/USD Price Analysis: Languishes near seven-month low, 38.2% Fibo./just above mid-1.2000s
GBP/USD is seen consolidating in a narrow band near a multi-month low touched on Tuesday. The extremely oversold RSI on the daily chart holds back bearish traders from placing fresh…
GBP/USD Price Analysis: Remains under pressure below the mid-1.2000s, oversold RSI condition eyed
GBP/USD loses momentum and holds below the mid-1.2000s on Tuesday. The pair holds below the 50- and 100-hour EMAs with an oversold RSI condition. The immediate resistance level is seen…
EUR/USD Price Analysis: Not out of the woods yet, remains vulnerable to slide further
EUR/USD is seen consolidating in a narrow range through the Asian session on Monday. The formation of a downward-sloping channel on the daily chart favours bearish traders. A sustained strength…
GBP/USD Price Analysis: Remains under selling pressure, the key contention is seen at 1.2100
GBP/USD remains under selling pressure around 1.2133, bouncing off the lowest since March 17 of 1.2110. The pair holds below the 50- and 100-hour EMAs with the oversold RSI condition.…
USD/INR Price Analysis: Semes poised to surpass record high and conquer 84.00 mark
USD/INR consolidates its weekly gains and remains below the monthly swing peak. The USD stands tall near a 10-month high and supports prospects for further gains. Bulls might still wait…
USD/CNH Price Analysis: Advances to over one-week high, around 7.3100 ahead of FOMC
USD/CNH climbs to over a one-week high during the Asian session on Wednesday. The uptick lacks follow-through as investors keenly await the FOMC rate decision. A break below the 50-day…
USD/MXN consolidates around 17.1350 on investors caution ahead of US Fed decision
USD/MXN trades sideways as the investors turn cautious ahead of the Fed decision. US Dollar (USD) could experience upward support on the likelihood of a 25 basis points interest rate…
Asian Stock Market: Bears keep the reins as China property stocks fail to tame growth fears
Markets in Asia-Pacific zone edge lower amid China economic woes. Real-estate shares in China rebound on hopes of more stimulus for property sector in Beijing. US soft landing concerns, hawkish…
