XM - Forex Market Reviews

XM
Dollar close to erasing post-election gains

The US dollar rally suffered a major setback on Friday after the Trump administration failed in its attempts to repeal and replace Obamacare...

EURGBP bearish in lower Bollinger Band

EURGBP fell below its 20-day moving average on Monday to a low of 0.7140. The downside bias remains strong after the pair failed to close...

EURUSD bullish after breaking above 100-day moving average

EURUSD has been gaining momentum and reached fresh 3-month highs of 1.1370 in early European session trading on Thursday...

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EURUSD breaks above Ichimoku cloud

EUR/USD is looking more bullish after breaking above the daily Ichimoku cloud last week. The pair remains outside the cloud...

EURGBP falls to lower Bollinger Band

EURGBP fell back to the lower Bollinger Band bringing the bias back to bearish. Momentum is also bearish as...

GBPUSD downside bias strong after reaching 5-year low

GBPUSD fell to the lowest level since 2010 on Monday, touching 1.4564. The pair failed to break above resistance of 1.5008 and now...


EURGBP falls back to lower end of range

EURGBP is in a range and the near-term bias remains neutral. Resistance lies at the...

EURUSD pauses downtrend and consolidates

EURUSD rallied sharply on Friday to 1.1026 from 1.0876 on the back of weak US nonfarm...

EURUSD pauses decline, downside risk remains

EURUSD bounced from Tuesday’s low of 1.0712, pausing the recent 4-day decline from 1.1051. The daily...

GBPUSD consolidates, bearish bias remains

GBPUSD has paused its sharp decline from 1.5551 to 1.4634 and is consolidating between 1.4806...

EURUSD bounce limited, long term bear trend remains

EUR/USD is consolidating after a volatile week. After dipping to a multi-year low of 1.0461 on March 15...

NZDUSD holds above 4-year low

NZDUSD bounced back post-RBNZ this morning. The pair had almost retraced the entire...


EURGBP Daily, Euro / pound makes new 7-year low, eyes 70 pence

The euro has been dropping against all the major currencies – even against...

GBPUSD continues rally to new 8-week high

GBPUSD managed to break above and close above the 23.6% Fibonacci...

EURUSD consolidates below 1.1400

EURUSD continues to trade in a tight range above support of 1.1261...

USDJPY reverses recent rally, remains below 120

USDJPY fell for a third day on Monday to find support at the short-term...

Asian Session – Yen waits for Japanese elections; commodity currencies plunge

The yen was stable ahead of the key risk event of Japanese elections on Sunday, December 14...

  


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