Forex Opinion & Analysis

The EURUSD formed an outside down bar yesterday, closing below the June high. With the five consecutive bear bars down to July 24th, the odds were high that the market was in a trading range and was...

EUR/USD rebounds after 1% fall on Thursday US GDP for Q1 beats expectations The EUR/USD bounced back on Friday after sliding 0.99% a day earlier. In the European session, EUR/USD is trading at 1.1018,...

The Bank of England and Reserve Bank of Australia will wrap up the summer central bank decisions in the coming week, although the US jobs report may attract the most attention. The ISM PMIs will be...

The Japanese yen took investors on a wild ride on Friday but has settled down. In the European session, USD/JPY is trading at 139.54, up 0.05%.Yen swings wildly after BoJ tweaks yield curve controlThe...

The EUR/USD rallied early this morning and sold off more recently. The bears have a six-bar bear microchannel on the daily chart. This increased the odds of sellers above and a second leg down. The...

The Fed raised interest rates by 25bps to the 5.25-5.50% range as expected. Powell emphasized the importance of future inflation data in his press conference, leaving the door open for another rate...

Rate cut odds for the December FOMC meeting now stands at 15.1% vs 16% yesterday Protection against yen strength rises to a four-month high Bearish tones emerging for USD/JPY as top Ichimoku cloud...

The EURUSD is stalling just above the June high. The bears have done a great job creating selling pressure over the past six trading days. However, it is beginning to form a parabolic wedge following...

The Japanese yen is showing some strength this week and has gained 1.1%, rebounding from the previous week’s plunge of 2.2%. In Wednesday’s European session, USD/JPY is trading at 140.23,...

Australian inflation falls more than expected Fed widely expected to raise rates by 0.25% on Wednesday The Australian dollar is in negative territory on Wednesday. In the European session, AUD/USD is...

Earnings give stocks one last boost before the FOMC decision Consumer Confidence surges to a 2-year high Dow eyes longest winning streak in six years Volatility should be elevated this week as we have...

The euro continues to lose ground and is in negative territory on Tuesday. In the European session, EUR/USD is trading at 1.1036, down 0.26%.German Ifo Business Climate dipsGermany continues to post...