The offered bias in EUR/USD picks up the extra pace on Wednesday. If the selling impulse accelerates, then there is the increasing chance that the pair could re-visit the area of 1.1850, or monthly lows, in the short-term horizon.
The near-term outlook for EUR/USD is forecast to remain on the negative side while below the key 200-day SMA, today at 1.1995. Current oversold conditions could allow for a near-term rebound, with gains so far capped around 1.1970.
USD/CAD witnessed a modest pullback from
US dollar prints fresh highs near the en
EUR/USD gained some positive traction on
GBP/USD is attempting a bounce above as
EUR/USD drops toward 1.1850, extending t
AUD/USD stands out by trading near 0.74,
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DXY breaches the key support at the 92.0
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Gold struggles to gain traction at the s
EUR/USD reversed its direction after ris
WTI jumps back above 68 amid a recovery
Gold built on the previous day's bounce
A goodish pickup in the USD demand pushe
GBP/USD rises for the first time in four
USD/CAD in bullish consolidation amid a
NZD/USD witnessed some heavy selling on
GBP/USD reversed its direction in the se
GBP/JPY gained positive traction for the
