Forex Opinion & Analysis

GBP/USD made its way to a four-month high, tapping into the psychological 1.3000 handle yesterday. A retest and foray above earlier in the day was met with some modest selling pressure keeping...

Forex Strategy is Bullish: USD/JPY is currently at 148.88 after breaking the falling wedge. We have convergence in play for the up move. We are looking for a continuation to the ATR target at 150.69...

Uncertainties over global growth due to US trade tariffs have triggered the recent rebound seen in the USD/JPY ahead of BoJ & FOMC monetary policy meetings. The 2.2% bounce of the USD/JPY from...

Key central bank meetings lie ahead, with the BOJ expected to hold rates. Japan’s GDP missed forecasts, with both quarterly and annualized figures falling short. USD/JPY tests 151 yen, with 155 yen...

The week started with another US data disappointment, as softer-than-expected retail sales added to worries about a deteriorating consumer picture. Today, geopolitical developments are in focus as...

AUD/USD and NZD/USD broke higher, but sustained gains may hinge on USD/CNH weakness. USD/CNH is coiling within a falling wedge, testing key support near 7.2130. A clean break lower could fuel...

Forex Strategy is Bullish: GBP/USD is currently at 1.2968 in a channel. We have convergence in play for the up move. We are looking for a continuation to the ATR target at 1.3012  area, with a...

The US dollar is weakening due to economic slowdown signs, political uncertainty, and Trump's trade policies. Markets are watching the Fed's interest rate decision, while Germany's stimulus plan...

Fed decision, Canadian inflation in focus this week Fed may shift slightly dovish relative to forecasts three months ago USD/CAD caught between downtrend resistance and the 50DMA RSI trending lower,...

The big news over the last month has been European leaders embracing fiscal stimulus. The prospect of looser eurozone fiscal policy and relatively tighter ECB policy (we now think the terminal rate...

The New Zealand dollar is in positive territory on Friday. NZD/USD is trading at 0.5722 in the European session, up 0.46% on the day. New Zealand’s manufacturing sector improved in February, as...

The British pound edged lower against the US dollar on Friday. GBP/USD is trading at 1.2928 in the European session, down 0.13% on the day. UK Economy Declines 0.1% in January The UK economy barely...

EUR/USD is drifting lower as the market mulls the whole host of inputs currently in play. The one-month EUR/USD risk reversal, marking the cost of a euro call option over an equivalent put option, is...

USD/CHF remains heavy as rate differentials drive market action. Watch for a potential downside break from the bear flag pattern. Fed and SNB rate decisions are the key risk events for traders next...