Currency Forecast

Bears are strong pushing the price down and bulls have strong support pushing the price up. This indecision has created the previous range and we are again inside of it.

After being held hostage to mostly external factors so far this year, the focus for AUD/USD will likely turn to domestic factors this week.

Despite a sharp drop in US bond yields on Friday amid heightened demand for safe-haven assets as global equities tumble, spot silver (XAG/USD) prices

Spot gold (XAU/USD) prices have in recent trade recovered back to the north of the $1840 level after falling back below, but finding excellent dip-buy

The inability of EUR/USD to return to the area of YTD highs near 1.1480 in the short-term horizon should prompt the re-emergence of the selling sentim

EUR/JPY intensifies the daily pullback and re-visits the mid-128.00s for the first time since mid-December. Price action in the cross now seems to fav

Choppy G10 Trade Persists. Fed at Risk of Disappointing Uber Hawkish Expectations. AUD Susceptible to a Short Squeeze

USD/CHF drops the most in a week, refreshing intraday low to 0.9145 ahead of Friday’s European session. In doing so, the Swiss currency (CHF) pair jus

Silver (XAG/USD) remains firmer around an intraday high of $24.52, up 0.08% on a day heading into Friday’s European session. The bright mental jumped

AUD/USD takes offers around 0.7190, down 0.50% intraday during early Friday. That said, the Aussie pair took a U-turn from the 100-DMA the previous da

EUR/USD fails to cheer greenback weakness, stays depressed around 1.1310 during the initial Asian session on Friday. While portraying the sober mood o

USD/JPY bounces back from a fresh weekly low amid the rebound in global equity prices.

USD/TRY has returned to the red after the Turkish central bank’s (CBRT) no-rate change decision earlier this Thursday. The spot is trading close to fi

The USD/MXN is falling on Thursday after hitting on Wednesday a two week high at 20.52. The bullish bias in the near term is still intact, while at th