Monday, May 23, 2022

AUD/USD to move downward in the months ahead – HSBC

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The Reserve Bank of Australia (RBA) has turned more hawkish but with risks to the domestic outlook and slowing global growth, the RBA’s tightening...

GBP/JPY Price Analysis: Advances confidently towards 160.50 hurdle

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GBP/JPY stays mildly bid during three-day uptrend, stays inside fortnight-old symmetrical triangle. Steady RSI hints at further recovery towards 100-SMA, 38.2% Fibonacci retracement....

Gold Price Forecast: Will $1,859 cap the XAUUSD recovery? – Confluence Detector

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Gold Price rallies to one-week highs above $1,850 as US dollar wilts. Positive US Treasury yields cap the upside in XAUUSD amid...

US Dollar Index tumbles below 103.00 amid risk-on mood, FOMC Minutes eyed

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DXY reverses Friday’s corrective pullback from two-week low. Repeated Fedspeak, firmer sentiment weigh on the greenback. Recovery in Treasury yields fails to probe...

GBP/USD Price Analysis: Bulls attacking bears in supply area, reaching towards the weekly 38.2%...

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GBP/USD bulls are taking on the bears at key daily resistance.  Bulls eye a deeper correction of weekly bearish impulse.  GBP/USD is on...

Shanghai district to require all shops to shut, residents to stay home

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Reuters reported on the weekend that Shanghai's central Jingan district, a key commercial area of the Chinese financial hub, will require all supermarkets and shops...

AUD/USD Price Analysis: Bears could be on the prowl for the open

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AUD/USD is testing a critical resistance on the daily chart. The bears are lurking at a 50% mean reversion resistance level.  AUD/USD is...

EUR/USD retreats from 1.0600 and clings to 1.0530s on a risk-on mood

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The EUR/USD records gains in the week of some 1.30%. The US Dollar is trimming Thursday’s losses and remains buoyant on Friday amidst...

Gold Price Forecast: XAU/USD conquers the 200-DMA but remains weak at around $1840s

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Gold prepares to finish the week on a higher note, up some 1.76%. Risk-aversion fails to boost Gold prospects, and also a buoyant...

USD/CHF Price Analysis: Stops the bleeding at 0.9700 and jumps towards 0.9750 on broad...

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The Swiss franc gained more than 2.50% vs. the greenback. A dampened market mood and a strong US dollar capped the USD/CHF nosedive...
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USD - United States Dollar
EUR
1.05
GBP
1.23
CHF
1.01
NOK
0.11
JPY
0.01
CAD
0.78
AUD
0.71