Forex Opinion & Analysis

USD/JPY continues its decline, with a fresh low around 148.797. Bank of Japan (BoJ) Governor Ueda’s hawkish rhetoric suggests a potential rate hike sooner than later. Technical analysis indicates a...

Forex Strategy is Bearish: We are currently @ 157.05  in a range. We are looking for a continuation to the ATR target @ 156.21 area and then to the 0.618 Fibo @155.99.  We  have convergence for the...

The USD/JPY has rebounded to around 150.00 area after testing a multi-week low near the 149.00 handle on Monday on the on the back of dovish comments from Fed’s Waller, who said he’s inclined to cut...

The USD/CHF has edged upwards on Tuesday. In the European session, USD/CHF is trading at 0.8846, down 0.21% on the day. Is Switzerland facing deflation? Swiss CPI declined by 0.1% m/m in November,...

AUD/USD struggles below 20-SMA; trend signals are discouraging. AZ Q3 GDP could be a market mover on Wednesday at 00:30 GMT. AUD/USD remains exposed to downside risks. AUD/USD kicked off the week...

USD/JPY approaches critical 149 support as BOJ hints at a rate hike. A weaker-than-expected jobs report could fuel further declines in USD/JPY. Traders should brace for volatility with upcoming BOJ...

A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an...

EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...

The US Dollar rose this morning as President-Elect Trump took aim at BRICS over de-dollarization efforts. The Euro weakens further due to concerns over a potential French government collapse. The...

Forex Strategy is Bullish: We are currently @ 1.7866  in a range. If USDX/USD continues up, we are looking for a continuation to the ATR target @ 1.7924 area and then to the 0.618 Fibo @ 1.7948....

The USD/JPY is lower on Monday. In the European session, USD/JPY is trading at 150.03, up 0.26% on the day. Ueda Says Rate Hike Is “Nearing” Bank of Japan Governor Ueda has been hinting about a rate...

The Australian dollar is in negative territory on Monday. In the European session, AUD/USD is trading at 0.6491, down 0.26% on the day. Australia’s Retail Sales Rise to 0.6% Australian events started...

The US dollar’s momentum gains as Trump takes a firm stance against BRICS nations. Key economic data this week could shape the dollar’s path, with a critical test for the DXY at 108. Geopolitical...

A much busier week in terms of US data will have a major say in whether the Fed cuts rates by 25bp on 18 December. US data poses some downside risks to the US Dollar, but the continued and expanding...