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The positive market sentiment weighs on the USD
The US dollar has depreciated across the board on Friday, weighed by a brighter market mood, amid hopes of a COVID-19 vaccine and the confirmation of...

The USD/CAD pair edged lower during the early North American session and was last seen trading near the lower end of its daily range, just below the key 1.3000 psychological mark.

The pair failed...

The USD/CHF pair built on its intraday bounce from over two-week lows and climbed to fresh session tops in the last hour, with bulls now eyeing to reclaim the 0.9100 mark.
The pair managed to find...

Gold edged higher during the Asian session on Thursday and was last seen trading with modest daily gains, just above the $1810 level.
Following the previous day's two-way/directionless price move,...

Traders increased their open interest positions in crude oil futures markets for the fourth session in a row on Thursday, now by around 29.5K contracts (the largest single day build since November...

USD/CHF declines to the lowest since November 09 during Thursday as was last seen trading around 0.9070. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, maintains a neutral to...

The EUR/GBP cross traded with a mild positive bias through the early European session and was last seen hovering near the top end of its daily trading range, around the 0.8915-20 region.
Following...

Gold: Key resistances and supports
The Technical Confluences Indicator shows that the XAU/USD pair faces immediate resistance at $1813 (previous high four-hour) as it attempts another bounce.
The...

GBP/JPY's dialy chart shows buyer fatigue above 139.80.
The pair could drop toward Wednesday's low of 139.00.
GBP/JPY is currently trading largely unchanged on the day near 139.65, having faced...

The recovery in Gold (XAU/USD) faltered at the rising channel hurdle near $1818 and since then the prices turned south, in a bid to test the four-month lows of $1800 reached Monday.
The bears are...

WTI stays positive near $45.90 during the initial hours of Thursday’s Asian session. In doing so, the energy benchmark extends the latest recovery moves from $45.51 amid fears of geopolitical tension...

USD/TRY eases to 7.9314, down 0.28% intraday, during Thursday’s Asian session. In doing so, the pair extends Wednesday’s pullback from 200-bar SMA as MACD eases towards the red.
However, an upward...

In opinion of FX Strategists at UOB Group, USD/JPY is seen between 103.70 and 105.30 in the short-term horizon.
24-hour view: “USD traded between 104.24 and 104.59 yesterday before closing little...

We expected EUR to strengthen yesterday and were of the view that ‘a break of 1.1920 could potentially trigger further buying towards the next resistance at 1.1955’. While EUR cracked 1.1920, there...

USD/CHF teases weekly support line, stays pressured near intraday low.
Bearish MACD, absence of oversold RSI favor sellers.
USD/CHF declines to the lowest since November 09 during early Thursday....

EUR/JPY once again meets resistance in the mid-124.00s.
Further up is located the key barrier at the 125.00 neighbourhood.
EUR/JPY’s recovery appears to have stalled in the 124.50 region so far...

AUd/JPY lacks a clear directional bias after Wednesday's Doji candle, a sign of indecision.
Australia's CAPEX drops more-than-expected in the third quarter.
Mild risk-off favors a downside move...

Silver prices rise to $23.39, up 0.39% intraday, amid Thursday’s Asian session. The white metal flashed a bullish spinning top, suggesting the traders’ indecision, the previous day as an upward...

USD/CAD consolidates the weekly losses while regaining the 1.3000 threshold early on Thursday. The pair dropped to the lowest in two weeks the previous day, before bouncing off 1.2986.
As a result,...

USD/JPY is feeling the pull of gravity with the dollar drawing offers, possibly on disappointing US data released Wednesday.
The pair is currently trading in the red at 104.30, having tested...