Forex Opinion & Analysis

Key U.S. and eurozone data could set the tone for EUR/USD ahead of the election. Fed's rate decision and GDP updates may drive volatility in the currency pair. Traders should brace for big moves, as...

The proximity to the US election can favour more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies. The US macro calendar picks up...

GBP/USD loses momentum near uptrend line Stochastic ticks higher, but RSI flattens GBP/USD headed south in the preceding week, breaking the long-term ascending trendline to the downside. However,...

The Australian dollar is showing limited movement on Monday. In the European session, AUD/USD is trading at 0.6609, up 0.13%. It has been a bumpy ride for the Aussie, which is coming off a fourth...

The Japanese yen is lower on Monday. In the European session, USD/JPY is trading at 152.63, up 0.22% at the time of writing. The yen weakened as far as 153.88 but has pared most of the losses. Yen...

EUR/USD turns flat around 1.0790 But momentum indicators stuck deep in bearish territory EUR/USD has steadied around 1.0790 after its rebound from the 16-week low of 1.0760 faltered. However,...

The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2986, up 0.07% on the day. UK PMIs Decelerate in October UK PMI releases on Thursday pointed to weaker activity...

The Japanese yen is showing limited movement on Friday. In the European session, USD/JPY is trading at 151.94, up 0.09%. Tokyo Core CPI Falls Below BoJ’s Target Tokyo Core CPI, a leading indicator...

The NZD/USD pair dropped to 0.5988 this Friday, marking a potential close lower for the fourth consecutive week. The strength of the US dollar continues to dominate the currency pair, fuelled by...

USD/CAD adds 3.4% from 1.3420 Remains well above the SMAs MACD and RSI indicate overbought levels USD/CAD has been creating a notable bullish rally since the bounce off the 1.3420 support level,...

The US dollar lost some ground yesterday on a correction lower in Treasury yields, but upside risks from the US election persist. Donald Trump’s seemingly stronger momentum should translate to higher...

EUR/USD saw early gains on Thursday but fell as US PMI data exceeded expectations. Diverging economic paths and monetary policies between the US and Eurozone could impact EUR/USD. Technical analysis...

GBP/USD saw a bounce despite weak UK PMI data, attributed to US Dollar weakness. The Bank of England may consider interest rate cuts due to slowing inflation, potentially weakening the Pound...

Forex Strategies Waiting: AUD/JPY is currently @ 101.19 in a possible trend. If we bounce we are looking for a 5th wave continuation to the ATR target @ 101.80 and then further movement. A breakout...