Forex Opinion & Analysis

EURUSD switches back to losses after touching resistanceTechnical signals weaken but bears not in control yetEURUSD was harshly pressured after touching its 50-day exponential moving average (EMA),...

ECB expected to pause at today’s meeting The euro continues to lose ground and has fallen over 1% since Monday. In the European session, EUR/USD is trading at 1.0545, down 0.19%.Will the ECB...

EUR/USD has been in a downtrend for the last 2 years. The ongoing ominous megaphone is about to resume the end of the 1000+ pip rally off the lows.Original Post

Japan 10-year bond yields rose 1.5bps to 0.852% Odds of a yield curve control adjustment are growing for next week’s BOJ meeting Dollar-yen vulnerable to a surge above 150 on a robust US Q3 GDP...

The 18.5000 level is more important than you think.  The USD/MXN18.5000 level has capped the rally in recent weeks. And you can see the strong descending trend line capping the market. Even the...

After starting the week in retreat, the US dollar reversed sharply higher in the European session on Tuesday and is on the offensive on Wednesday. Dollar bulls have returned to active buying after a...

Australian inflation surprised on the upside, reigniting expectations of another rate hike as early as November. However, the Aussie could not enjoy the buying momentum for long as the US dollar...

Bank of Canada expected to hold rates at 5.0% The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.3758, up 0.12%.Bank of Canada Expected to Hold RatesThe Bank...

USDCAD jumps above 1.3700 ahead of BoC rate decisionWill the pair breach the neutral triangle pattern too?USDCAD held its footing above the resistance-turned-support trendline drawn from the 2020 peak...

After sensational yen support of 150, Tokyo has sat back, allowing suspense to build Dollar, meanwhile, not collapsing, as US exceptionalism drives greenback’s strength Investing.com charts...

Bearish:  We are currently @ 2.0876 out of the rising wedge and starting the downward move. We have convergence for the continuation. We are looking for a continuation to the ATR target@ 2.0822...

UK labour market cools UK Manufacturing and Service PMIs decline The British pound is slightly lower on Tuesday, after climbing 0.68% a day earlier. In the European session, GBP/USD is trading at...

GBPUSD has its best day since JulyBulls await a close above 1.2300GBPUSD enjoyed a whopping start to the week, marking one of its strongest days since mid-July to rise as high as 1.2257 on Monday.The...

Stocks stabilized in the last few sessions and crude came down after the news that Hamas released some of the Israeli hostages. At the same time USD came lower pushed by lower US yields, but not sure...