Forex Opinion & Analysis

Japan’s Q3 GDP revised lower to -2.9% Japanese yen gains ground but can’t consolidate US nonfarm payrolls expected to rise to 180,000 The Japanese yen continues to show strong swings. In...

What does Risk On / Risk Off mean? How do currencies perform in risk on / risk off modes? Watch this video to find out!

The Japanese yen was the hero of the day on Thursday, adding over 1.7% against the dollar and 1.6% against the euro since the start of the day. The yen has been sided by Japan's regional banks, which...

Bullish:  We are currently @ 1.2583 breaking slope resistance in a range. We are looking for a continuation to the ATR target @ 1.2631 with the further target  the 2.618 Fibo @ 1.2671 area....

Bank of Canada holds rates for third consecutive time US releases nonfarm employment on Friday The Canadian dollar is almost unchanged on Thursday. In the European session, USD/CAD is trading at...

Next week, the GBP/USD faces a major test with key data releases and interest rate decisions from the Federal Reserve and Bank of England. Meanwhile, the US Dollar Index is fluctuating, with this...

The EUR/USD faces a key test in the next week and a half. We will have lots of key data and rate decisions from both the Federal Reserve and European Central Bank to come during this period. Ahead of...

Australian GDP falls to 0.2% AUD/USD rebounds after two-day losing streak The Australian dollar has bounced back on Wednesday and snapped a two-day losing streak. In the European session, AUD/USD is...

The dollar has shown resilience after disappointing JOLTS job openings data yesterday, leaving EUR/USD under pressure as the euro’s idiosyncratic negatives fuel bearish momentum. Today, the Bank...

NZDUSD in the green today but sentiment mixedKey market events increase possibility of stronger movesMomentum indicators on the brink of giving bearish signalsNZDUSD is edging higher today, reacting...

Germany, eurozone PMIs revised upwards Euro slide continues for a fifth day US ISM Services PMI beats forecast The euro has extended its losses on Tuesday. In the North American session, EUR/USD is...

GBP/USD is currently @ 1.2631 in a flag pattern (bearish) in a channel and in a range. We are looking for a continuation to the ATR target @ 1.2541 with the further target the range bottom @ 1.2526....

RBA maintains cash rate at 4.35% Australian dollar extends slide The Australian dollar is down sharply for a second straight day. In the European session, AUD/USD is trading at 0.6561, down 0.88%. The...