Forex Opinion & Analysis

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...

The US dollar is surging—how high can it go? Is this unstoppable growth or a bubble about to burst? Discover the 5 key factors fueling this rally!

We are entering a period of calm in US macro news. This means that it’s mostly up to any positioning readjustment to keep the US dollar from rallying further. Growing focus will be on the eurozone...

AUD/USD is showing signs of stabilization near 0.6465, marking its second consecutive session of attempts to recover.   The Australian dollar finds some support from the hawkish comments made by...

AUD/USD hinges on US yield consolidation and Chinese market recovery. Strong correlations with copper, WTI, and Hang Seng futures, along with US rates Technical picture suggest potential for a...

The British pound has stabilized on Friday after four straight losing sessions. In the European session, GBP/USD is trading at 1.2666, up 0.02%. It has been a miserable week for the pound, which is...

USD/CAD snaps long-term range above 1.4000. Bulls may take a breather as the pair has exited its two-year consolidation phase The overall outlook remains bullish. USD/CAD enjoyed a lovely session...

The US dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any USD-negative catalyst. Yesterday, Fed Chair Powell emphasised the...

USD/CHF is facing resistance at the 0.8900 handle after breaking above the 200-day MA. The US Dollar Index (DXY) is also at multi-month resistance, raising questions about a potential pullback. The...

The AUD/CAD has been trading in an ascending channel during the past 14 months. We are currently facing the probability of a bearish breakdown.  The pair is testing the confluence of the 61.8% Fib of...

As the Election Day dust settles, the US Dollar Index has found itself at fresh year-to-date highs. The post-election rally of around 3% has been underpinned by rising yields, a byproduct of an...

The Australian dollar is lower for a fifth straight trading day. In the European session, AUD/USD is trading at 0.6467, down 0.27% on the day. The Australian dollar has been a dreadful slide and has...

Markets were quick to buy US Dollar after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is...