Forex Opinion & Analysis

In this week's market analysis, Jason Sen, a prominent day trader and technical analyst, delves into the latest trends and potential trading opportunities. He begins by reviewing gold's recent price...

After peaking in 2022, the US Dollar Index has spent nearly a year in decline.But it may be set to fall even further. And any further weakness in King Dollar will be bullish for precious...

The EUR/USD formed a strong bull breakout with follow-through yesterday, closing far above the May high. While the rally that began on May 6th is climactic, it is strong enough that the first...

Inflation data will continue to dominate the economic agenda in the coming week, although the spotlight will probably fall on Chinese GDP figures as well as US retail sales. The countries reporting...

Overview: After tumbling headlong this week, the dollar appears to be broadly consolidating ahead of the weekend Among the G10 currencies, the Canadian dollar's 1.2% gain is the least and it made new...

Aussie is finally recovering, and this has a lot to do with the Chinese yuan, which finally turned lower with a pretty strong and impulsive price action. We see this reaction below the trendline...

Japanese Yen TakeawaysThe yen has rallied across the board over the last week+, but traders may now look to take profits ahead of the weekend. USD/JPY is testing key previous-resistance-turned-support...

Bearish:  GBP/NZD currently at 2.0544 in a 3rd wave.  We are looking for a continuation to the ATR at 2.0454 with an overall target the 4.236 Fibo at 2.0314. Watch the USDX for direction.The...

Overview: Softer-than-expected US CPI, following weaker-than-expected job growth has sent the greenback tumbling. The US dollar is stabilizing against the yen today, but the downside momentum is...

US Dollar Index is down sharply as US yield declined following US CPI data yesterday when numbers came out down big, to 3% from 4%. Interestingly, cryptos are not attractive at this stage, while...

Combined with Friday’s NFP report, the US CPI print suggests the US economy may be downshifting. While a Fed rate hike later this month is still seen as overwhelmingly likely, markets are...

Bank of Canada raises rates by 0.25% US inflation falls to 3.0%, lower than expected The Canadian dollar has posted strong gains in Wednesday’s North American session. In the North American...

The Globex market formed a strong upside breakout during the CPI report released at 5:30 AM PT this morning. The EUR/USD formed a strong upside breakout during the report and is currently getting a...