Forex Haberleri

The daily indicators hint at a strengthening bullish momentum. Hourly indicators are consolidating after hitting overbought conditions earlier in the session. If the buyers regain the 100-day SMA, the bearish trend will be threatened. At the end of the week, the NZD/USD rallied to around 0.6050, up by 0.80%. Bullish momentum is picking up but…

EUR/USD found a fresh high above 1.08 after NFP figures sparked rate cut hopes. US economic data came in broadly softer on Friday. Coming up next week: European Retail Sales, US consumer sentiment. EUR/USD drove into a fresh weekly high on Friday, breaking above recent congestion after a broad miss in US Nonfarm Payrolls (NFP)…

Silver dips to $26.54, down 0.43%; ‘dragonfly doji’ hints at possible uptrend. Finds support at 61.8% Fibonacci level ($26.41); crossing $27.00 could boost bullish momentum. Downside risk if below May 2 low of $26.02, aiming for 50-day MA at $25.79. Silver price uptrend continued during the week despite registering losses of around 2.40%. Nevertheless, May…

GBP/JPY lethargic near 192.00 handle. Overactive BoJ financing reports tips hat towards FX intervention. Coming up next week: BoE rate call, UK GDP. GBP/JPY is trading flat near the 192.00 handle after the Bank of Japan (BoJ) is suspected of directly intervening in FX markets to prop up the battered Japanese Yen (JPY) twice in…

US NFP increased by 175K in April, below expectations of 243K, following March’s revised increase of 315K. Unemployment rose slightly to 3.9% while wage inflation decelerated. The odds of a cut in September by the Fed rose significantly. The USD/NOK pair is trading at 10.861, exhibiting a decline of 1.19% on Friday’s session. The USD…