Forex Opinion & Analysis

Having defied recession predictions, the Eurozone economy will attract some headlines on Friday when the latest flash PMI readings are due (08:00 GMT). Growth in the euro area has been slowly gaining...

The EUR/USD pair formed a bull bar yesterday, closing on its high. The Bulls see yesterday’s buy signal bar as a breakout pullback buy setup, hoping for a second leg up and a breakout above the...

It is not the job of a currency pair to rise 16% in a matter of months. That’s what stocks and crypto are for. Yet, between August 2022 and March 2023, EUR/CAD surged from 1.2876 to as high as...

Bearish:  EUR/NZD currently @ 1.7635 in a range.   IF we can break this support, we are looking for a continuation to the ATR target at 1.7513 with a further target in the range bottom...

Eurozone inflation fell to 6.9%, while the core rate rose to 5.7% Goldman Sachs (NYSE:GS) expects ECB rate hike in May EUR/USD has fallen 0.50% and is trading at 1.0920 Eurozone inflation drops to...

With two weeks to go before the Fed and ECB meetings, central bank speakers have their last chances to steer market expectations before the quiet periods start. However, it appears markets have fully...

USDJPY had been trending lower since its upward sloping channel broke to the downside in early March. However, the pair crossed above its 50-day simple moving average (SMA) following the strong...

UK inflation falls to 10.1%, higher than expected BoE likely to raise rates in May Three Fed members will deliver public remarks today GBP/USD is trading at 1.2445, up 0.16% on the day.UK inflation...

China’s GDP expands by 4.5% AUD/USD responds with gains RBA minutes indicate pause was a close call The Australian dollar is showing strong gains on Tuesday. In the European session, AUD/USD is...

 A rise in US yields, with the two-year Treasury closing yesterday at its best level in more than three weeks help fuel follow-through dollar buying yesterday after an upside reversal at the end...

FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...

The EUR/USD pair retreated for a second straight day on Monday, sliding below the crucial 1.1000 level. Despite the lack of significant data releases, the US dollar remains strong against its...

EUR/USD broke above the February high last Thursday. However, the breakout failed and reversed back down. The bears see a possible wedge top (March 23rd, April 4th, and April 14th). The bears have a...

USD/JPY slips to 1-month low US retail sales fall for second straight month Fed members Waller and Bostic urge more rate hikes Japanese yen extends lossesThe Japanese yen took it on the chin on...