Forex Opinion & Analysis

The pound continues its gains for the third day in a row against the Japanese yen, rising more than 0.6% to regain the 197.40 level.The pound’s gains today come after a higher-than-expected...

Forex Strategy is Bearish: We are currently @ 91.57  at a significant top. If USDX continues up, we are looking for a continuation to the ATR target  @ 90.88 area and then to the 0.618 Fibo @ 90.79....

UK Inflation rises to a 6-month high of 2.3% in October, driven by services inflation. GBP/USD faces downside pressure but could rally if the daily candle closes above 1.2680. GBP/JPY shows mixed...

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...

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...

GBP/USD returned to gains after a six-day decline. GBP/USD bulls step in after six-month low near 1.2600. Price near oversold area, but bullish area is above 1.3000. GBP/USD returned to gains after...

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...