Forex Opinion & Analysis

UK inflation beat expectations and accelerated markedly, but this only temporarily boosted the GBP/USD. The pair came under further selling when it broke above 1.2700.CPI rose 0.6% in October, and...

The AUD/USD against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart. After three sessions of gains, the currency pair is...

The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the US dollar, also...

Hot Canadian inflation report sees USD/CAD sink to known support level EUR/USD whipsawed by geopolitical headlines; near-term bullish bias retained Overview Canada’s inflation report was a little...

The Dollar Index is retreating from Thursday's highs, moving against the logic of fundamental forces. This behaviour begs the question: either the Dollar Index has reached the limits of its range,...

Forex Strategy is Bullish: We are currently @ 1.2652  in a Falling wedge Breakout. If USDX continues down, we are looking for a continuation to the ATR target  @ 1.2726  area and then to the 1.618...

The EUR/USD pair has struggled to find footing, trading below the $1.06 and vulnerable to further losses. Tuesday has been hit by latest escalation in Russia’s war against Ukraine, something which...

In this update, we review the recent price action in the Dollar Index, EURUSD & GBPUSD and identify the next high-probability trading opportunities and price objectives using structural and...

Quotes GBP/USD defend important support in the 1.26 region Bank of England is ready to continue interest rate cuts UK economy clearly out of breath Get ready for massive savings on InvestingPro this...

Markets are consolidating after a period of heightened volatility. In focus currently is President-elect Trump’s pick for the influential post of US Treasury Secretary. Given the large US budget...

USD/CAD prints a bearish engulfing candle after protracted uptrend Canadian inflation report provides near-term event risk Markets split on whether BoC will deliver consecutive 50bp...

Morning star pattern suggests EUR/USD may have bottomed EUR/USD correlates closely with copper and Hang Seng futures, along with US-German yield differentials Technicals and Chinese sentiment likely...

Forex Strategies Bearish: We are currently @ 1.2631  in a channel. If USDX breaks up, we are looking for a continuation to the ATR target  @ 1.2536  area and then to the S7 @ 1.2450.  Convergence is...

The NZD/USD has started the trading week with losses. In the European session, the NZD/USD pair is trading at 0.5837, down 0.50% on the day. This is the New Zealand dollar’s lowest level since...