Forex Opinion & Analysis

EUR/NZD is currently @ 1.7945 in a channel in a range.  We have convergence for the continuation of the channel. We are looking for a continuation to the ATR target @ 1.8009 with the further...

UK CPI unchanged, core CPI ticks lower US retail sales hotter than expected The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is trading at 1.2194, down...

Periodic weakness in the dollar might delay but not prevent yen decimation If Dollar Index weakness extends to 105.40 and below, USJ-JPY could see 148  Consolidation above 149 may resume...

USDJPY edges lower as market focuses on geopolitical eventsQuieter sessions lately but risk of intervention remains at largeMomentum indicators continue to send mixed signalsUSDJPY is in the red...

Republican Jim Jordan does not have enough votes to be elected House speaker in the first round of floor voting. Risk aversion was the early trade as hot data fueled Fed rate hike bets Investors await...

The USD/CNH is breaking out of a triangle today ahead of key Chinese data. On Wednesday morning in Asian trade, China will release retail sales, GDPA break above this level is sure to trigger a...

RBA releases minutes Investors eye Israel-Hamas war The Australian dollar has extended its gains on Tuesday. AUD/USD is trading at 0.6353 in Europe, up 0.18%. It has been a rough patch for the...

Retail sales in America likely grew at a more moderate pace in SeptemberWill the data support a Fed pause in November?Or will it fuel the rally in yields and the dollar when it’s out on Tuesday...

Bearish:  GBP/USD currently @ 2.0551 in a channel in a range.  We have convergence for the continuation of the channel. We are looking for a continuation to the ATR target @ 2.0456 with the...

In New Zealand:New Zealand dollar rebounds after awful week Services PMI crawls into expansion territory Inflation expected to almost double in the third quarter The New Zealand dollar has started the...

The EUR/USD pair is consolidating around 1.0525 this Monday. Earlier, US Dollar Index gained ground, driven by the US inflation reports.The latest inflation statistics have reinforced USD's positions....

EURUSD stuck in a clear downward path, seems unable to recoverLatest rebound encounters strong resistance at key trendlineMomentum indicators endorse a resumption of the downtrendEURUSD has been in a...

USD/JPY begins the week fairly neutral to overbought inside a range from short 150.51 to long 148.49. For the 3rd week running , GBP/JPY and EUR/JPY trade oversold. GBP/JPY’s vital break at...