Forex Opinion & Analysis

EUR/USD’s range this week is located from 1.0711 to 1.0378. EUR/USD first break higher must clear 1.0568, then 1.0619, 1.0669 and 1.0745, and 1.0784.At the Sunday night open, EUR/USD will trade...

A key issue facing businesses and investors is whether the US January data reflects a reacceleration of the world's largest economy or whether it was mostly a payback for extremely poor November and...

Te The EUR/USD is getting near the January 6th low and will probably get there in the next couple of days. The January 6th low will likely act as support, and the market will begin to go...

The EUR/USD pair came under renewed pressure on Friday and fell to its lowest level in seven weeks as the dollar jumped, in tandem with U.S. Treasury bond yields, following another round of inflation...

Consumer prices in Japan continue to rise steadily, but this is of little concern to the central bank – a brutal combination for the Yen, which could repeat last year's alarming decline.Japan's...

The euro is down slightly on Friday. EUR/USD has been slowly moving lower and is down 1.1% this week.German GDP misses estimateThe German economy, the biggest in the eurozone, underperformed in the...

USD/JPY longs at buying opportunity at 134.10/133.90 worked perfectly as we edge slowly in the right direction to reach 135.36 but not enough to hit my target of 135.45/55.The pair reversed to retest...

Friday morning in Asian trade we will be seeing a couple of things that could put in some volatility in the USD/JPY. Number 1 would be the inflation data being released at 8:30 pm ET. Also, BOJ...

The EUR/USD is getting near the Higher Low Major Trend Reversal (HL MTR on the chart) target on the weekly chart. This target (1.0500) is important because the rally from October 2022 is the first...

The Australian dollar rebounded on Thursday, after a 2-day slide in which AUD/USD lost 100 points. In European trade, AUD/USD is trading at 0.6830, up 0.37%. On Wednesday, the Australian dollar fell...

The New Zealand dollar remains in calm waters, with little reaction to the Reserve Bank of New Zealand’s rate hike or the FOMC minutes.The RBNZ raised rates by a half-point on Wednesday, as the...

The US Dollar Index has risen 3.8% to 104.5 from its lows in early February. Prior to that, the greenback had been falling since late September, giving back half of the gains from the global rally...

AUD/USD is lower as expected this week to hit very strong support at 6800/80. A low for the day exactly here. Longs need stops below 6760. A break lower is a sell signal of course, targeting 6725/20...