Forex Industry News-FX Trading News-WikiFX page 17

Global Broker Regulation Inquiry App

About WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download

Latest Original Industry Broker Forex Encyclopedia Broker Encyclopedia

Could we see a reversal from here？

Loonie (USD/CAD) is rising toward the pivot, which has been identified as an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse towards the pullback support. Pivot: 1.3940 1st Support: 1.3775 1st Resistance: 1.4120 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other …

Industry 08-31

EURUSD: Potential Wave Y Downside Setup

On the higher timeframe (3-Day), an ABC correction appears to have completed towards the end of January. Since then, the market has been developing a potential WXY corrective structure to the downside. Wave W unfolded as a clear three-wave move and appears to be completed. We are currently focusing on Wave X, which is developing as a correction to the upside. This X-wave may already be complete, opening the possibility for the final Wave Y to the downside. Based on the current structure, …

Industry 08-31

USDCHF: Rising Channel Continuation Toward the Target Zone

USDCHF is developing a bullish structure on the 1H timeframe, with price action now moving inside a rising channel formed within the broader Primary Triangle. The latest pullback reached the lower boundary of the channel together with the marked support / retest zone around 0.8010–0.8020. Buyers reacted from this area and pushed price back higher, keeping the sequence of higher lows intact. The next important step is confirmation above the 0.8020 area and continued acceptance inside the …

Industry 08-29

South Korean Won: BoK tightening supports KRW against US Dollar – Commerzbank

Commerzbanks Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June.

Industry 08-29

Vietnam: Exports and consumption stay robust – DBS

DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnams goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand.

Industry 08-29

South Korean Won: BoK front-loading hikes as KRW consolidates – Commerzbank

Commerzbanks Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as growth and core inflation forecasts rise. The bank signals one more hike over six months but may pause to assess effects.

Industry 08-29

Malaysian Ringgit: BNM seen on steady policy path – DBS

DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut.

Industry 08-29

Mexican Peso tumbles as Warsh embarks on inflation fight

The Mexican Peso depreciates against the US Dollar on Friday, down by over 0.42% on hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole Symposium. This prompted investors to price in a potential rate hike in 2026, a tailwind for the Greenback.

Industry 08-29

Silver Price Forecast: False breakout and hawkish Fed sink XAG

Silver (XAG/USD) price made a U-turn after reaching a two-month high of $71.12 on Friday, then dove below the $69.00 figure as Federal Reserve (Fed) Chair Kevin Warsh leaned hawkish in his Jackson Hole speech, pushing US Treasury yields higher.

Industry 08-29

Australian Dollar retreats as Warshs hawkish tone lifts US Dollar

AUD/USD retreats 0.30% on Friday to trade around 0.7170 at the time of writing, correcting after reaching its highest level since mid-May at 0.7206 earlier in the day.

Industry 08-29

Dow Jones Industrial Average round-trips a Fed that promised nothing

The Federal Reserve (Fed) chair used the largest speaking slot on the calendar to commit to nothing and the futures market repriced September anyway.

Industry 08-28

Euro tumbles as Warsh puts Fed rate hike back on the table

EUR/USD falls sharply toward 1.1595 on Friday at the time of writing, losing 0.48% on the day, as the US Dollar (USD) rallies following Federal Reserve (Fed) Chair Kevin Warshs speech at the Jackson Hole Symposium.

Industry 08-28

Poland: Growth supported by investment rebound – ING

ING‘s Adam Antoniak expects Poland’s 2Q26 GDP flash estimate to be confirmed at 3.8% year-on-year, with fixed investment rebounding strongly thanks to EU and RRF-funded projects. Private consumption is seen slowing slightly as higher fuel prices and weaker wage growth weigh on purchasing power.

Industry 08-28

Bitcoin, USD/CAD, Copper and US 10-Year Yield Brace for Jackson Hole

Bitcoin, USD/CAD, copper and US 10-year yields face a key Jackson Hole catalyst, with BTC eyeing $84K or $72K as markets await Fed signals.

Industry 08-28

Platinum: Bullish bias holds as breakout test looms - OCBC

OCBCs Christopher Wong keeps a firmer tactical bias on Platinum, favouring buy-on-dips despite a recent loss of momentum near 1860–1910. Mild bullish momentum remains intact, with key resistance at 1863–1943 and upside potential towards 2065 on a clean breakout.

Industry 08-28

EURUSD - BULLISH BIAS

~ WEEKLY - We can see price was on a downtrend, and at the low it was ranging showing us bearish momentum slowing down. Price has now broken previous structures, indicating potential change of direction. ~ DAILY - We wait for price to pull back to the AOI which is a strong fib level and multiple rejections making it a valid zone to react from. Overall, I have a bullish bias based on the Weekly and Daily timeframes. As price moves down to my AOI, I will wait for my confirmations across …

Industry 08-28

"Anything else would likely put the Japanese Yen under significant pressure": Commerzbank on why BoJ should hike rates

The Japanese Yen (JPY) is holding within a narrow trading range against the US Dollar (USD) at around 159.35, but pressures are rising following an acceleration in Tokyo inflation data.

Industry 08-28

Breaking: Nonfarm Payrolls benchmark revision to lower US employment by 79,000 through March 2026

According to the preliminary estimate of the Current Employment Statistics (CES) national benchmark revision, Nonfarm employment for March 2026 was -79,000 (-0.1%), the US Bureau of Labor Statistics (BLS) reported on Friday.

Industry 08-28

Euro: Range phase caps recent advance against US Dollar – UOB

United Overseas Banks (UOB) Quek Ser Leang and Lee Sue Ann report EUR/USD held near 1.1650 after a brief dip, with intraday action lacking strong downside momentum.

Industry 08-28

Japanese Yen dips further despite hotter inflation, upbeat employment data

The Japanese Yen (JPY) edges lower for the fifth consecutive day against the US Dollar (USD) on Friday, despite hot Tokyo inflation numbers and an unexpected decline in the Unemployment Rate earlier in the day.

Industry 08-28

<...

...>

Could we see a reversal from here？

EURUSD: Potential Wave Y Downside Setup

USDCHF: Rising Channel Continuation Toward the Target Zone

South Korean Won: BoK tightening supports KRW against US Dollar – Commerzbank

Vietnam: Exports and consumption stay robust – DBS

South Korean Won: BoK front-loading hikes as KRW consolidates – Commerzbank

Malaysian Ringgit: BNM seen on steady policy path – DBS

Mexican Peso tumbles as Warsh embarks on inflation fight

Silver Price Forecast: False breakout and hawkish Fed sink XAG

Australian Dollar retreats as Warshs hawkish tone lifts US Dollar

Dow Jones Industrial Average round-trips a Fed that promised nothing

Euro tumbles as Warsh puts Fed rate hike back on the table

Poland: Growth supported by investment rebound – ING

Bitcoin, USD/CAD, Copper and US 10-Year Yield Brace for Jackson Hole

Platinum: Bullish bias holds as breakout test looms - OCBC

EURUSD - BULLISH BIAS

"Anything else would likely put the Japanese Yen under significant pressure": Commerzbank on why BoJ should hike rates

Breaking: Nonfarm Payrolls benchmark revision to lower US employment by 79,000 through March 2026

Euro: Range phase caps recent advance against US Dollar – UOB

Japanese Yen dips further despite hotter inflation, upbeat employment data

Latest News

First Light News: Chip Rout Rattles Equities as Q3 Earnings Season Kicks Off

Retiree Loses RM118,000 Through Fake Stock Investment Website

US Dollar Price Forecast: DXY Eyes 102.49, Can EUR/USD Hold 1.1180 Ahead of CPI？

CMC Markets Secures LSEG Data Deal to Accelerate Global Expansion

Indian Police Arrest Two in Alleged ₹10 Crore Crypto Investment Fraud

NPBFX Broker Review: Regulated but Is It Safe for Traders?

First Light News: US CPI, Aussie Jobs and Bank Earnings in Focus

Client Saved via WikiFX Exposure ! Is slay4x Considered a Safe Broker or a Scam in Q4 2026?

RM12.47 Million in Cryptocurrency Vanishes From Malaysian Man’s Wallet

Indias retail inflation jumps to 5.54% in September, above estimates