Forex Opinion & Analysis

GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the...

GBP/USD stabilizes near 50-SMA as traders await BoE rate cut Technical signals cannot guarantee bullish continuation GBP/USD is facing a pivotal moment near the 1.2500 round level and its 50-day...

The Bank of England (BoE) is expected to announce a 25 bps rate cut on February 6, 2025. Weak UK Data and ongoing trade war and geopolitical risks pose threat to BoE policy. Key levels to watch are...

USD/JPY is testing a crucial support level. BOJ rate hike expectations are growing on the back of strong data. Key support levels are at 151.53 and 150.00, while resistance levels are at 153.91,...

The US dollar remains in corrective mode on the back of this week's tariff news and the drop in 10-year US yields. Tomorrow's US jobs data will have a big say in whether this correction needs to go...

Forex Strategy is Bullish: GBP/USDis currently at 1.2530 in a 5th wave in a channel. We are looking for a quick bounce and then a continuation to the ATR target at 1.2595 area, with an overall target...

Critical level for support at 200-day SMA RSI and MACD move south USD/JPY is diving considerably below the long-term uptrend line and the 153.65 key level. The 20- and 50-day simple moving averages...

We observe that key China proxies like AUD have erased their risk premium on the back of a consensus view that Beijing will secure a deal with the US and prevent an escalation in trade tensions. We...

Japan’s real wages rose for a second month, aided by strong winter bonuses Unions are pushing for another bumper wage hike in 2025, with March talks in focus BoJ rate hike probability by May appears...

February Forex Seasonality Key Points Most major currency pairs have seen quieter moves in February on average since 1971. The budding trade war and developments on the tariff front could well...

Forex Strategy is Bullish: We are currently @ 1.2416 in a 5th wave in a channel. We are looking for a quick bounce and then a continuation to the ATR target @ 1.2489 area, with a 5th wave target  @...

China hits US energy, autos with fresh tariffs. USD/CNH pushes higher, but key resistance in focus. Hang Seng pares gains after trade war flare-up. Summary China announced fresh tariffs on select...

The New Zealand dollar is trading at 0.5608 in the European session, down 0.35% on the day. On Monday, NZD/USD fell as much as 1.2% but managed to recover most of these losses. New Zealand Employment...

The AUD/USD pair rebounded to 0.6199 on Tuesday, recovering some losses. Earlier in the week, the Australian dollar tested multi-year lows as investors distanced themselves from riskier assets amid...