Forex Opinion & Analysis

GBP/USD is currently trading at 1.3283, navigating within a defined channel. A breakdown below the critical support level at 1.3270 may signal a continuation toward the Average True Range (ATR)...

The yen is sharply lower on Wednesday. In the European session, the USD/JPY is trading at 144.82 at the time of writing, up 0.89%. New Finance Minister Makes Markets Uneasy In Japan, the dust is yet...

The Swiss franc is calm on Wednesday. In the European session, USD/CHF is trading at 0.8454, up 0.13% on the day. SNB Welcomes Schlegel – Will He Bring More of the Same? Martin Schlegel has taken...

USD/JPY holds below key resistance levels as October’s session starts Technical signals cannot warrant a bullish trend reversal USD/JPY had a lackluster beginning to October, with a neutral close...

Forex Strategies Bearish: We are currently starting a channel in a possible 3rd  wave. If we can break resistance @ 90.84, we should continue to the ATR target @ 90.30 with the next target the  S4 @...

The GBP/USD, which had been steady in the last few trading sessions, has fallen back at the start of the new quarter after some relatively hawkish remarks from Fed’s Powell. The cable managed to hold...

USD/JPY is calm on Tuesday after the US dollar jumped 1.03% a day earlier. In the European session, the yen is trading at 143.76 at the time of writing, up 0.10%. Japan’s Parliament Elects Ishiba...

The EUR/USD bounced off the resistance at 1.12 amid softening Eurozone inflation data. Investors anticipate a pivotal US labor market report that could influence future direction. A breakout from...

GBP/USD in a channel in a possible 5th wave. If we can break resistance @ 1.3430, we should continue to the 1.000 Fibo @ 1.3500 with the Day chart the Goal @ 1.3570.  The pair should prove it out...

The Japanese yen has steadied on Monday after posting huge gains on Friday. USD/JPY is trading at 142.43 in the European session, up 0.15%. Incoming PM Ishiba Says He’ll Call Snap Election The yen...

The US dollar faces pressure ahead of crucial labor market data. With the dollar index hovering below 101, traders are on alert for potential signs of further weakness. On the flip side, strong NFPs...

The AUD/USD pair climbed to 0.6942 on Monday, marking its highest point since February 2023. This surge was primarily triggered by China’s announcement of economic stimulus measures, which is...

The core US personal consumption price index (the Fed’s preferred inflation gauge) rose slightly less than expected to show inflation at 2.7% y/y. The indicator is above the target of 2% in February...

The USD/JPY reversed hard today after producing a short-term false break higher from the descending channel.  This might be the start of another leg lower gunning for a lower low. 139.57 is the 1st...