Forex Opinion & Analysis

Will EUR/USD break the double bottom to the upside? Strong support at 1.1100 Stochastic and RSI look quite positive EUR/USD is continuing the upside rally near the 13-month high of 1.1200,...

The US dollar has posted gains on Tuesday. In the North American session, USD/JPY is trading at 144.04, up 0.34% at the time of writing. BoJ’s Ueda says no rush to hike rates The Bank of Japan stayed...

EUR/JPY is at 160.43 in a range. IF we can break slop support, we are looking for a continuation to the ATR target at 159.38 area with a further target the 1.000 Fibo at 158.96. We expect a reaction...

The USD/JPY has reached the first resistance area which is the confluence of the S/T descending channel’s T/L resistance and 23.6% Fib of the move lower from the multi-year highs to the 139.57 low at...

The Australian dollar has edged higher on Tuesday. In the European session, the Australian dollar is trading at 0.6845, up 0.12% on the day. Earlier today, AUD/USD climbed as high as 0.6869, its...

Dollar tries to recover as Fedspeak favors further cuts China announces new measures, positive initial market reaction Aussie benefits from another hawkish RBA meeting Gold, oil and pound rallies...

The AUD/USD pair tested the 0.6860 mark on Tuesday, reaching its highest point in 2024, bolstered by supportive economic news from China. The People's Bank of China (PBoC) announced stimulus measures...

GBP/USD eases a bit after strong rally Technical oscillators move slightly down GBP/USD skyrocketed to a fresh two-and-a-half-year high of 1.3365 earlier today, adding almost 3% after the bounce...

Flash Eurozone PMI estimates sent the EURUSD down 0.67% over the hour, as they were much weaker than expected and increased pressure on the ECB to continue easing monetary policy.This is not the...

USD/JPY failure to have a clear break below 140.25 coupled with BoJ Governor Ueda’s cautious rhetoric has increased the odds of a mean reversion rebound. A swift increase in large speculators’ net...

Bullish to Bearish: Forex Strategies: Currently we are at 191.42 in a channel in a range. We are looking for a continuation to the ATR target at 192.40 area with a further target the 4.236 Fibo and...

The euro has started the trading week with considerable losses. EUR/USD is trading at 1.1103 in the European session at the time of writing, down 0.50% on the day. Later today, we’ll get a look at US...

USD/TRY - Technical Analysis The USD/TRY pair closed at 34.078 on the FXCM platform last Friday (CBRT reference rate: 33.9531 - 34.0142) and is trading around 34.15 at the time of writing. After...

The dollar index shows early signs of recovery as traders anticipate pivotal economic data this week. Key speeches from Fed members could reshape market expectations amid ongoing geopolitical...