Forex Opinion & Analysis

Xi meets Ramaphosa and discusses how to bolster trade in their own currencies Yuan still weakens despite PBOC’s most forceful fixing on record BRICS might lead to more investment in Africa,...

The current exchange rate for GBP/USD is 1.2746 and it appears to be trading within a certain range. It's important to note that if the slope support breaks, it could have a significant impact.Our...

The Fed’s annual economic symposium will kick off on Thursday, but the highlight will be Chairman Powell’s flagship speech on Friday. With US yields trading at their highest levels of this...

The Japanese yen has bounced back on Tuesday after starting the week with losses. In the European session, USD/JPY is trading at 145.67, down 0.37%.BoJ core inflation rises to 3.3% Earlier today,...

New inflation methodology offers hope for BoE 1.28 could be major resistance point for GBPUSD A break of 1.26 could be bearish signal Recent UK economic data has been a mixed bag, with wages rising at...

USDJPY if you managed to hold longs at strong support at 145.10/144.90 from Friday or jump in early yesterday, the pair shot higher to targets of 145.65 and 146.00 as we look for 147.00. NZDUSD...

The EUR/USD is forming several overlapping bars following a bear breakout of a triangle (blue dashed lines). The triangle will probably act as a final flag, meaning the market will likely test the...

The main currency pair on Monday is holding near the level of 1.0882, which is close to the minimum of seven weeks.The trend of investors massively avoiding risks is bolstering the dollar. Panic was...

AUD/USD close to 9-month lows China fails to cut 5-year LPR The Australian dollar is steady at the start of the new trading week. In the European session, AUD/USD is unchanged at 0.6404. It’s a...

The sharp fall in German producer prices is both a signal of easing inflationary pressures and a warning of a sharp slowdown in demand.The German producer price index fell by 1.1% in July, dwarfing...

NZDUSD is severely oversold so a bounce is possible to minor resistance at 5975/85. Shorts need stops above 5995.Strong resistance at 6015/25. Shorts need stops above 6040. USDCAD longs at support at...

In this video, we dive deep into the strategies and techniques that I tend to use during the Asia Session to maximize my profits. Whether you're a seasoned trader or just starting out, these secrets...

The Australian dollar’s slide continues Evergrande bankruptcy raises contagion fears It has been all red for the Australian dollar, as AUD/USD has closed lower for eight straight days and...