Latest Forex Analysis News

The euro currency has slipped into the red for the trading week against the US dollar, following a heavy rejection from the 1.1160 level.
The British pound remains well-supported against the US dollar in early Monday trade, after a fairly bullish weekly price close on Friday.
The euro is attempting to gain bullish momentum against the US dollar, following Friday’s strong recovery above the 1.1150 resistance level.
The USDCHF pair continued scaling higher through the early European session on Friday and climbed further beyond mid-0.9800s, hitting three-week tops in th
EURJPY is alternating gains with losses in the 118.00 neighbourhood in the second half of the week.
The Turkish Lira continues to depreciate in the second half of the week and is now lifting USDTRY to fresh two-month tops around 5.80.
Japanese yen edges higher following the safe-haven assets ending the day higher amid ruling uncertainty.
Gold price forecast - XAUUSD back above $1500
Aug 21, 2019
Gold price is currently back above the $1500 level and is now hovering around the $1506.02 support level as the momentum picks up again.
The euro currency is holding firm above the 1.1070 level against the US dollar as the pairs current yearly trading low remains intact.