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News
AUD/USD Forex Signal 25/08: Retreats Ahead of US Macro Data
5+ hour, 16+ min ago (419+ words) Sell the AUD/USD pair and set a take-profit at 0.7100. Add a stop-loss at 0.7250. The AUD/USD exchange rate wavered on Tuesday morning as traders waited for the important macro numbers from the United States. It dropped to 1.3630, a few…...
BTC/USD Signal 25/08: Bitcoin Crosses $80k
5+ hour, 26+ min ago (395+ words) Sell the BTC/USD pair and set a take-profit at 76,000. Add a stop-loss at 85,000. Bitcoin continued its recent bullish breakout, reaching its highest level since May 15 this year. The BTC/USD pair jumped to 80,372, up sharply from the year-to-date low…...
GBP/USD Price Forecast 25/08: Bullish Setup
5+ hour, 46+ min ago (553+ words) The GBP/USD currency pair is certainly going to be in the focus of Forex analysts today. There is no obvious proximate cause, but we’ve seen a muted strength in the British Pound continue over recent multi-month periods. In fact,…...
Forex Today 25/08: Canadian Dollar Slides
5+ hour, 56+ min ago (216+ words) The US Dollar is slightly firmer today after recent weakness, helped by safe-haven demand and a more hawkish view of the Fed's path ahead after recent FOMC minutes were released, but it has not yet reversed its broader bearish trend....
AUD/USD Rally Faces Jackson Hole and U.S. Inflation Test
7+ hour, 11+ min ago (217+ words) The first overhead area worth tracking sits around 0.7180. Traders who have initiated long positions on the recent pullback to the rising wedge pattern’s lower trendline could look to lock in profits in this location near last week’s prominent swing high,…...
GBP/CHF Forecast: 25/08: 50-Day EMA Solidifies Support
13+ hour, 52+ min ago (406+ words) DailyForex, founded in 2008, is the leading source for daily market news, technical analysis, up-to-date Forex broker reviews and comparisons, forex signals, and more. DailyForex offers valuable resources to help traders navigate the complex financial markets, trade confidently, and make more…...
AUD/USD Signal 24/08: Gains Momentum, USD Retreat
1+ day, 6+ hour ago (443+ words) Buy the AUD/USD pair and set a take-profit at 0.7050. Add a stop-loss at 0.7265. The AUD/USD pair continued its strong rally, reaching its highest level since June 3rd this year. It jumped to a high of 0.7170, up sharply from the…...
BTC/USD Signal 24/08: BTC Prediction as ETF Inflows Jump
1+ day, 6+ hour ago (432+ words) Sell the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 82,000. Bitcoin price surged to its highest level in months, making a strong bullish breakout after spending months in a consolidation phase. The BTC/USD pair jumped…...
Crypto Breadth Masks Leadership Gaps: Bull Trap?
1+ day, 23+ hour ago (1207+ words) Crypto Prices Roar Higher, Prompting Some To Warn of a Bull Trap Don't Get Fooled by the Green Charts: Why Crypto's Broad Rally Isn't What It Seems The Hidden Disconnect Inside Crypto's Biggest Weekly Move in Months XRP Rallies 45%+ in…...
BTC/USD Signal 20/08: Bullish Outlook as ETF Inflows
5+ day, 5+ hour ago (388+ words) Sell the BTC/USD pair and set a take-profit at 65,000. Add a stop-loss at 72,000. Bitcoin price went parabolic, reaching its highest level since June 2nd this year, as borrowing costs dropped, and after President Donald Trump met several senior executives in…...