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  • September 27, 2024
  • market

USD/CAD Outlook: Oil Slump Gathers Buying Traction

USD/CAD Outlook: Oil Slump Gathers Buying Traction

The USD/CAD outlook shows a recovery from lows hit earlier in the week. The Canadian dollar fell as oil prices declined.  

  • September 27, 2024
  • market

Algorithmic Forex Trading Evolves: Avenix Fzco Presents Reversedo

Algorithmic Forex Trading Evolves: Avenix Fzco Presents Reversedo

A unique solution has been developed by the creative minds of Avenix Fzco for the constantly changing world of FX trading. The firm hopes to change the way  

  • September 27, 2024
  • market

Forex Signals Brief September 27: Can the PCE Inflation Save the USD?

Forex Signals Brief September 27: Can the PCE Inflation Save the USD?

Yesterday the USD declined again on China fiscal stimulus hopes, but the PCE today might give some relief if it surprises to the upside.  

  • September 27, 2024
  • market

EUR/USD looks to settle lower in back and forth trading this week

EUR/USD looks to settle lower in back and forth trading this week

There is still one potential final twist to the equation later today though  

  • September 27, 2024
  • market

​​​EUR/USD, EUR/GBP and GBP/USD stall after week of gains​​​

​​​EUR/USD, EUR/GBP and GBP/USD stall after week of gains​​​

​​​​EUR/USD, EUR/GBP and GBP/USD stall ​as greenback appreciates post US Q2 growth confirmation of 3%.​​  

  • September 27, 2024
  • market

Forex Today: Market optimism prevails in the lead-up to US PCE inflation

Forex Today: Market optimism prevails in the lead-up to US PCE inflation

Here is what you need to know on Friday, September 27: Risk-on sentiment seen in global markets on Thursday extends into Friday, as a raft of Chinese stimulus measures continue to lift investors’ confidence.  

  • September 27, 2024
  • market

USD/MXN Forecast Today 27/9: Bulls Eye 20.00 Level (Chart)

USD/MXN Forecast Today 27/9: Bulls Eye 20.00 Level (Chart)

USD/MXN rebounds from 19.40 support, targeting the key 20.00 resistance. Break above 20.10 could signal further gains. Watch for market reaction.  

  • September 27, 2024
  • market

Gold Forecast Today 27/9: Upward Momentum but Slows (Video)

Gold Forecast Today 27/9: Upward Momentum but Slows (Video)

Gold shows signs of exhaustion after rally. A pullback is likely, with support at $2,600 and $2,530. Long-term outlook remains bullish amid global factors.  

  • September 27, 2024
  • market

USD/CAD Forecast Today 27/9: Potential Double Bottom (Video)

USD/CAD Forecast Today 27/9: Potential Double Bottom (Video)

USD/CAD attempts to stabilize near 1.35. Watch for a breakout above key EMAs, or risk of decline if recent lows break. Oil prices and US data influence moves.  

  • September 27, 2024
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