Forex Opinion & Analysis

The market took a dovish message away from the Bank of Japan and sent the dollar above JPY136, its best level since March 10, and spurred a sharp rally in JGBs. Japanese equities led the rally among...

The EUR/USD pair has retreated below the 1.1000 zone following Eurozone economic data and on the back of a stronger US Dollar. Additionally, equity markets are falling boosting further the greenback....

Bank of Japan maintains monetary policy BoJ removes forward guidance and announces policy review Tokyo Core CPI rises higher than expected USD/JPY soars USD/JPY has jumped 1.3% today and is trading at...

The EUR/USD is forming a tight trading range after exceeding the April 14th high. The bulls want an upside breakout and higher prices. The bears want a downside breakout. However, they need to get a...

Bearish: GBP/USD is currently at 1.2440 in a range and a breakout of slope support. If we can break this support, we are looking for a continuation to the ATR target at 1.2384 with a further target of...

AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, its lowest level since March 15.Australian inflation heads southAustralia’s inflation levels have been...

Tokyo Core CPI expected to remain unchanged at 3.2% US to release unemployment claims and GDP BoJ’s 2-day meeting begins today USD/JPY is trading quietly at 133.84, up 0.13% on the day. The...

The EUR/USD sold off yesterday after testing the April 13th close; however, the bulls bought the close of yesterday’s bear bar. The channel up is tight and holding above the moving average...

The EUR/USD pair is rising on Wednesday and is back above 1.1000, after erasing Tuesday’s losses. The pair fell from 1.1066 to 1.0963 on Tuesday, only to climb back to the 1.1060 area on...

AUD/USD drops to 6-week low Australian inflation falls in Q4 First Republic shares slide by 50% AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, its lowest level...

The re-emergence of bank stress reverberated through the US markets yesterday, downgrading the perceived chances of a Fed hike next week and sending the US 2-year yield sharply lower. The yield...

USD: Be careful chasing the dollar reboundThe release of quarterly earnings in the US continues to paint a better picture for American corporates, with big tech companies beating estimates yesterday....

Daytradeideas cheatsheet: AUD/USD broke support at the lower end of the channel at 6660/40 for a medium-term sell signal. So we have resistance at 6640/60 to try a short with stop above 6680. Targets...