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Forex Opinion & Analysis

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Al Brooks
EUR/USD Attempts Upside Breakout By Al Brooks - Aug 10, 2023 3

The EUR/USD is trying to get an upside breakout and a close above the moving average after forming a higher low with the August 3rd low. The bulls want today to close with a strong buy signal bar,...

Scott Barkley
GBP/AUD Breaks Below Support By Scott Barkley - Aug 10, 2023

At the moment, GBP/AUD is situated at 1.9426, within a new channel. Should we successfully break through the current support level, we anticipate a continuation towards the ATR target at 1.9322, with...

Matthew Weller
USD/JPY Regains 143.00 Ahead of U.S. CPI By Matthew Weller - Aug 10, 2023

The BOJ’s confusing decision to partially relax its yield curve control program has potentially pushed formal rate hikes out further. Yen weakness has resumed in earnest, taking USD/JPY back...

Kenny Fisher
Euro Slides as German Inflation Eases By Kenny Fisher - Aug 08, 2023

German inflation declines German Sentix economic index slows Fed members Bowman and Williams send hawkish message to markets The Euro has fallen below the symbolic 1.10 level on Tuesday. In the...

Al Brooks
EUR/USD Continues Trading Sideways By Al Brooks - Aug 08, 2023 1

The EUR/USD continues to go sideways after the tight bear channel down to August 3rd. The bears are hopeful that the channel down is tight enough to get a 2nd leg down and a test of the July 6th buy...

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