Forex Opinion & Analysis

EUR/GBP charts new 2 ½-year low after UK retail sales beat estimates  Short-term bias is skewed to the downside, but price near familiar support line EUR/GBP plunged to a new 2½-year low of 0.8293,...

US economic growth continues to impress relative to Europe and Japan Stronger US economic data sees markets pare Fed rate cut bets Higher US interest rates fuel US dollar strength Quiet calendar...

GBP/USD currently sitting at 1.2993, having just emerged from a range. If we see a clean breakdown, the initial target is the ATR level at 1.2910. Beyond that, we're eyeing the 1.000 Fibonacci level...

A 25bps cut by the ECB is likely to have been fully priced in. The current high expectation of another ECB rate cut in December faces an increased repricing risk. Watch the 1.0780/0750 key...

Australia produces another stunningly strong jobs report for September Unemployment steady, underemployment hits multi-year lows RBA rate cut probabilities slashed given implications for inflation...

AUD/USD rebounded on Thursday after three consecutive days of declines, supported by robust employment data from Australia that bolstered the hawkish outlook on the Reserve Bank of Australia's (RBA)...

EUR/USD is oversold for only the fifth time in the past two years Prior oversold episodes often occurred before bullish reversals Markets fully priced for back-to-back ECB rate cuts to close out...

Yesterday’s reversal ended a 9-day winning streak for USD/CAD, something we’ve only seen seven distinct times in the past 30 years. After past such streaks have ended, USD/CAD has seen an average...

The US Dollar Index (DXY) continues to advance due to a lack of impactful US data and expectations of robust retail sales. Donald Trump’s comments on tariffs and the Federal Reserve’s...

Forex Strategies Bullish: EUR/AUD is trading at @1.6303 at the time of writing, out of range in a cup and handle pattern that is bullish. We are looking to target the ATR target @ 1.6350. A further...

The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is trading at 1.3786 at the time of writing, up 0.09%. The Canadian dollar finally ended a nasty...

The British pound fell below the 1.30 level against the US dollar after weak inflation data across indicators. This sent the pound to a two-month low on speculation that the Bank of England will cut...

Gold (XAU/USD) is on an upward trend, currently trading around 2676.00, close to its historical high of 2685.00. During an event in Miami (at the London Bullion Market Association conference), key...

The British pound has finally showed some movement on Wednesday after a week of limited movement. In the European session, GBP/USD is trading at 1.2992, down 0.62% on the day. The pound fell below...