Forex Opinion & Analysis

USD/JPY tests 3-month high again and again Remains well above 200-day SMA Stochastic and RSI look overbought USD/JPY is failing to have a closing session beyond the 61.8% Fibonacci retracement...

UK Autumn Budget anticipation mounts as markets remain calm, unlike during the ‘Trussonomics’ era. GBP/USD faces a critical juncture at the 1.3000 level, with potential for both upside and downside...

As outlined in the graphic below, there are seven key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral that I think will culminate in the weakening of the...

The US Dollar Index stabilized in the 0.5% range for the fifth session, quietly finding its feet after a near 5% rally over the past thirty days. Since last week, currency market participants have...

Forex Strategies Bearish: EUR/NZD is currently @ 1.8087 in the top of the range with a triple top in play. If we can break the slope support, we are looking for a continuation to the ATR target @...

USD/JPY nears 154 as US Treasury yields push higher Bias remains to buy dips over selling rallies, although the price action is starting to look tired US JOLTS survey provides first major hurdle to...

Markets prepare for a 10-day long rollercoaster ride Focus today on earnings but key US data in sight Gold and bitcoin rally, oil suffers, and 10-year US yield reaches 4.3% Yen suffering might...

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...

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,...

It looks like Donald Trump is edging ahead in opinion polls – although the outcome of next week’s election remains a toss-up given the polling margin of error. Financial markets, however, seem to be...

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...