Forex Opinion & Analysis

It's a busy day ahead in FX markets. The highlight should be another 25bp cut from the ECB, but we'll get plenty of fourth-quarter GDP data from the US and Europe. Elsewhere, we think this week's...

USD/JPY losing bullish momentum as key technical levels give way Bearish signals strengthen, with RSI and MACD trending lower Hawkish US rates reprising, elevated US asset valuations create...

The German Consumer Climate Index declined in January, impacting the eurozone's largest economy and applying pressure on the single currency. The index fell by 1 point to -22.4 by February, having...

Note: FOMC today! Forex Strategy is Bearish: We are currently @ 192.62 in a new channel. We just broke a monster support so we are looking for a continuation to the ATR target @ 191.90 area, with a...

The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.44236, up 0.23% on the day. It should be a busy day for the Canadian dollar, with the Bank of Canada and...

USD/CAD is in recovery mode but not out of the woods Resistance within short distance at 1.4430-1.4465 Bank of Canada expected to lower interest rates USD/CAD has been in a gradual recovery phase...

USD/CHF found support at the ascending trendline for the third time, hinting at a potential reversal and further upside. Safe haven flows and policy divergence between the Fed and SNB are...

Headline and trimmed mean inflation undershoot market, RBA forecasts CPI rose 0.2%in Q4, with key trimmed mean slowing to 0.5% Government subsidies and weak housing demand drove price declines,...

The US Dollar rose on Tuesday, adding 0.65% against a basket of popular world currencies amid Donald Trump's statements about his desire to increase the universal tariff on all imported goods above...

Forex Strategy is Bearish: We are currently @ 171.58 in the top of a channel. If we can get a short bounce here, we are looking for a continuation to the ATR target @ 170.84 area, with a  big area...

The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI Expected to Ease to 2.5% Investors are keeping a...

GBP/USD breaks above bearish channel, faces rejection near 50-SMA Caution persists among traders as they await a close above 1.2600 GBP/USD stalled around the falling 50-day simple moving average...

The AUD/USD pair fell to 0.6257 on Tuesday, marking its second consecutive session of losses. The Australian dollar remains under pressure due to external factors, including a strengthening US Dollar...

Central bank moves this week will impact EUR/USD, with the ECB likely cutting rates and the Fed holding steady. Traders await ECB and Fed actions, with inflation trends and political factors...