Forex Opinion & Analysis

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...

Fed swaps show only an 18% chance of a hike in September (under 50% for November) FOMC to take data-dependent approach on future hikes Fed no longer forecasting a recession The dollar declined as US...

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...

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...

The EUR/USD formed a five-bar microchannel down following the July bull breakout of the May high. The recent selloff is probably strong enough to make the market Always In Short; however, a trading...

EUR/JPY is currently at 156.19 after breaking out of its previous movement. The MACD indicator suggests a downward trend. Our prediction is that the pair will continue to decline, reaching the ATR at...