Forex Opinion & Analysis

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...

For the last three trading sessions, the dollar index has been crossing up and down the 200-day moving average every day. All in all, the flirting with this level has been going on for more than three...

GBPUSD reaches overbought area near key resistanceSellers could take control of the market below 1.2588GBPUSD flatlined around the familiar 1.2720 resistance region, which was last tested at the end...

Gold has retreated after hitting all-time highs The yellow metal retreated as soon as sellers piled in to push the price lower Bulls need to hold their ground above $2020-30 to mount another attack on...

Tokyo Core CPI eases to 2.3% US to release ISM Services PMI later today The Japanese yen has edged lower on Tuesday. In the European session, USD/JPY is trading at 147.08, down 0.10%.Tokyo Core CPI...

Bearish: USD/JPY is currently at 1.2664 in a trend in a 5th wave. We are looking for a continuation to the ATR target at 145.80 with the further target  the Day chart bottom at 145.10....

AUD/USD lower on Monday RBA likely to maintain rates on Tuesday The Australian dollar has started the week in negative territory. In the European session, AUD/USD is trading at 0.6648, down 0.40%. The...

The dollar starts the week in a mixed fashion. USD/JPY is trading at a new corrective low, while EUR/USD continues to lick its wounds after a torrid session on Friday. The highlight of this week's...

It’s been over a year since Liz Truss’ mini-budget plunged GBP/USD to under 1.0400 in September 2022. The Pound Sterling is looking much better now, trading above 1.2700 and on track to...

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The GBP/USD has been on fire for the past number of weeks, and the price is coming off its high of the year. The question that traders want to know is why the price has been moving to the upside and...

Eurozone inflation falls to 2.4% US ISM Manufacturing PMI expected to improve to 47.6 Fed Chair Powell will deliver remarks in Atlanta The euro is showing limited movement on Friday. In the European...

USDCHF bounces from 4-month lowsOversold signals create hopes for a reboundAn advance above 0.9100 is required USDCHF extended its three-week bearish wave, dipping as low as 0.8683 on Thursday...