Forex Opinion & Analysis

Policymakers argue surge in yields counts as hikeUS economy continues to fire on all cylindersFed to stand pat, but may deliver a hawkish messageDecision on Wednesday at 18:00 GMT; press conference at...

The EUR/USD pair is currently trading without significant momentum, hovering around the 1.0560 level.   This week promises a flurry of critical data that could potentially sway the currency...

BoJ’s holding 2-day meeting on Monday and Tuesday The Japanese yen is drifting on Monday after pushing the US dollar back below 150 on Friday. In the European session, USD/JPY is trading at...

The JPY may be ready to retrace.The USD/JPY hit a new high for 2023 and quickly reversed with some downside follow-through today ahead of the weekend. A headline came out earlier about Japan's CPI...

AUD/USD extends gains US Core PCE Prices ticks lower The Australian dollar is higher on Friday. In the North American session, AUD/USD is trading at 0.6350, up 0.42%. The RBA meets next on November...

ECB holds rates, as expected US to release Core PCE Price Index The euro is having a quiet day. In the European session, EUR/USD is trading at 1.0547, down 0.15%.ECB Holds Rates at 4.0%There...

Tokyo Core CPI climbs higher than expected US GDP jumps 4.9% The Japanese yen has steadied after three straight days of losses. In the European session, USD/JPY is trading at 150.11, down 0.19%.Strong...

Today’s Trade Ideas: 4-hour chart for USD/CAD going back a whole year - the sideways range is obvious. (See below). However, we are in a 3-month bull trend & have broken above a 3.5-year...

Bullish:  We are currently @ 1.2110 in a range and a hard bounce. We have the start of convergence for the continuation up. We are looking for a continuation to the ATR target@ 1.2176 with the...

AUD/USD falls to lowest level since October 2022 US GDP expected to jump to 4.3% The Australian dollar has pared losses from earlier today. In the European session, AUD/USD is trading at 0.6303, down...

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