Extend

It was a quiet day on the economic events front with only April 'employment trends' on the economic calendar. This index fell to its lowest level since May 2021, but the market largely ignored it. There were two Fed officials…

Trend warriors huddle up! GBP/USD looks ready to extend its weeks-long downtrend ahead of this week’s U.S. data releases! Will we see a trend extension this week? Or are the bulls gearing up for an upside breakout? GBP/USD 4-hour Forex…

EUR/GBP just turned lower from a longer-term resistance zone ahead of the European Central Bank's (ECB) monetary policy decision. Will the pair go back to its intraweek downtrend when the ECB's decision and the U.K.'s latest…

Not feeling like trading the U.S. dollar ahead of this week’s U.S. data releases? Let’s take a closer look at the S&P 500 stock index, which saw a pullback following stronger-than-expected U.S. manufacturing PMIs and Fed Chairman…

EUR/USD is swinging higher ahead of the anticipated U.S. core PCE price index report! If you've read last week's Weekly Recap, then you'll know that the Fed is sounding relatively less dovish if you compare it to counterparts…

XRP price started a fresh rally above the $0.6400 resistance. The bulls are now active above $0.680 and might aim for a move toward $0.800 or even $0.850. XRP started a fresh increase above the $0.640…

GBP/JPY has been making lower highs and lower lows all month and that's BEFORE we saw the latest U.K. jobs data! Data printed earlier showed jobless claimants in the U.K. jumping from 3.1K in January to 16.8K in February.…

In a significant move to support Britain’s small businesses, Chancellor Jeremy Hunt is set to announce an extension of the Covid recovery loan programme by two years in the upcoming Budget on Wednesday.This extension comes as a relief…

Bitcoin price rallied further toward $58,000. BTC is now consolidating gains and might soon attempt more gains toward the $60,000 resistance. Bitcoin price is consolidating gains below the $57,500 resistance…

USD/CAD is consolidating near a potential support zone! I don’t know if you’ve been watching USD/CAD but you should know that the pair hasn’t quite recovered from its rejection just under the 1.3600 mark last week. If you recall, the…