Daily market news

forex Forex
00:00 - 25.05.2024

USD/JPY steady on Friday after another week of gains

USD/JPY churned on Friday, wrapping up close to where it started the day, just below the 157.00 handle, as investors looked to recover balance after a tense week.

forex Forex
22:00 - 24.05.2024

Crude Oil pares losses, WTI rebounds into congestion on Friday

West Texas Intermediate (WTI) US Crude Oil rebounded on Friday, recovering from a fresh 12-week low set early in the day at $76.03.

forex Forex
17:00 - 24.05.2024

NZD/USD Price Analysis: Forming a rectangle as it unfolds in a range

NZD/USD has spent the last week or so forming a range bound consolidation (shaded rectangle on chart) which could represent the flag square of a Bull Flag continuation pattern.

forex Forex
16:00 - 24.05.2024

USD/CAD remains calm above 1.3700 despite weak Canadian Retail Sales

The USD/CAD pair remains unchanged above the crucial support of 1.3700 even though Canadian Retail Sales were weaker-than-expected in March and United States Durable Goods Orders for April beats estimates.

forex Forex
15:00 - 24.05.2024

AUD/USD Price Analysis: Breaks out of rising channel and moves lower

AUD/USD has broken out of the rising channel and fallen to a preliminary target for the breakout, based on the Fibonacci 0.618 ratio of the height of the channel extrapolated from the breakout point lower.

forex Forex
12:00 - 24.05.2024

EUR/USD rises above 1.0800 as US Dollar edges down

EUR/USD seems well-supported near the round-level support of 1.0800 in Friday’s European session.

forex Forex
11:00 - 24.05.2024

USD/CAD falls toward 1.3700 as US Dollar offers gains ahead of economic data

USD/CAD halts its four-day winning streak, trading around 1.3720 during the European session on Friday.

commodities Commodities
10:00 - 24.05.2024

Silver Price Forecast: XAG/USD finds support near $30 but remains feeble amid firm US Dollar

Silver price (XAG/USD) finds temporary support near the psychological support of $30.00 in Friday’s European session after witnessing a sharp sell-off in the past two trading session.

forex Forex
09:00 - 24.05.2024

Forex Today: US Dollar consolidates weekly gains ahead of mid-tier data releases

Here is what you need to know on Thursday, May 23: The US Dollar (USD) capitalized on the upbeat PMI data from the US on Thursday, and the USD Index closed the fourth consecutive day in positive territory.

08:00 - 24.05.2024

WTI seems vulnerable near $77 as hawkish Fed dents demand outlook

West Texas Intermediate (WTI), futures on NYMEX, look set to close the week on a bearish note.

OANDA's pick for the day

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EUR/USD tests 200-day average with key Central bank speakers waiting in the wings
09:00 - 22.03.2024
Gold Price Forecast: XAU/USD current rally could be the start of something more sustainable – ANZ
22:00 - 21.03.2024
Silver Price Analysis: XAG/USD tumbles as bearish engulfing pattern looms
16:00 - 21.03.2024
Gold Price Forecast: XAU/USD bullish support remains resolute this year – MUFG
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