Forex Opinion & Analysis

ECB will ensure that the policy rates will be brought to levels sufficiently restrictive ECB expects to discontinue the reinvestments under the APP as of July ECB slows rate-hiking pace to 25bps (as...

Bullish:  AUD/USD is currently at 0.6674 in a channel.   We are looking for a continuation to the ATR aim 0.6712 with a further aim of the 1.000 Fibo at 0.6750 area.Watch the USDX for...

The EUR/USD pair is holding to recent gains, but still limited by the 1.1100 psychological area. Is it near year-to-day highs and moving with a bullish tone ahead of the European Central Bank’s...

ECB expected to raise rates by 25 bp Federal Reserve hikes rates by 25 bp Powell signals a pause in June EUR/USD is trading quietly on Thursday, ahead of the ECB decision later today.ECB expected to...

Overview: Without making a commitment, the Federal Reserve opened the door to a pause in its tightening cycle and the market has concluded it is over. The dollar slumped to new lows for the move...

The US dollar is likely too entrenched to be seriously evicted from GRC status.The de-dollarization threat looms as the Chinese yuan assumes a more active role in international payments and as the...

When the U.S. Dollar broke out to new highs last year, it looked like nothing could stop the greenback. And the headwind of a strengthening dollar made it difficult for precious metals like gold...

The EUR/USD tried to break out below the moving average (blue line) but failed to close below it and reversed up, forming a bull reversal bar. The bulls see this as another failed breakout attempt of...

Bearish: GBP/JPY currently at 169.41 in a channel. We are looking for a continuation to the 1.000 Fibo at 168.80 with a further target, the S5/ATR target at 1168.59 area.Watch the USDX for direction....

The EUR/USD pair rebounded on Tuesday from weekly lows, back above 1.1000, keeping the familiar price range. The euro outperformed ahead of the European Central Bank meeting while the US dollar...

RBA Governor Lowe defends rate hike Fed expected to hit rate trigger The Australian dollar is almost unchanged on Wednesday, with AUD/USD trading at 0.6658. RBA’s Lowe says rate hike was...

A sharper-than-expected decline in US job openings and weaker factory orders coupled with intensifying bank stress sent ripples through the capital markets. The large US bank index fell 4.5%...

The yen is catching a safe haven bid amidst turmoil in the US banking sector. Treasury Secretary Yellen’s announcement that the US could hit its debt ceiling in early June is also contributing...

The EUR/USD has a 4-bar bear micro channel just above the 20-bar exponential moving average (blue line). This is a sign of increasing selling pressure. The bears still need to do more by getting a...