Category: Forex
Dow Theory Indicator MT4
The Dow Theory Indicator MT4 helps traders identify the direction of the primary trend by applying the core principles of Dow Theo...
GBP/USD Price Forecast: Bulls need 1.3560 to unlock 1.3...
The Pound Sterling (GBP) edges higher by some 0.29% against the US Dollar (USD) on Friday, yet it remains trading sideways, unable...
Singapore Dollar: Upside risk capped by 1.2790 against ...
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD has firmed modestly, with the pair closing at 1.2835 afte...
Mexican Peso hits five-month high on weak US jobs data
The Mexican Peso (MXN) capitalizes on a weaker US jobs report and soars versus the US Dollar (USD) on Friday as risk appetite impr...
South Korean Won: Intervention risks support KRW agains...
Chang Wei Liang at DBS Group Research notes that KRW is currently the best performing Asian currency, supported by strong semicond...
EUR/USD Price Forecast: Buyers eye a break above the 10...
EUR/USD edges higher on Friday, supported by a softer US Dollar (USD) as traders scale back Federal Reserve (Fed) rate-hike bets f...
Gold rallies as mediocre US NFP crushes Fed rate hike b...
Gold (XAU/USD) skyrockets on Friday, gaining over 2.30% in the day and more than 7% in the week after US jobs data was mixed, with...
Indonesia: Modest growth outlook – Standard Chartered
Standard Chartered’s Aldian Taloputra notes Indonesia’s Q2 GDP grew 5.3% year-on-year, slowing from 5.6% but beating consensus. St...
EUR/JPY recovers from session low but remains down on F...
EUR/JPY trades on the back foot on Friday, easing away even as the Euro (EUR) posts solid gains against the US Dollar (USD). The J...
