Forex Opinion & Analysis

GBP/JPY is at 190.30 in a range. We are looking for a continuation to the ATR target at the 188.79 area. We anticipate a bullish reaction there due to the range bottom. Watch the US Dollar Index for...

The Australian dollar is drifting on Wednesday. AUD/USD is trading at 0.6704 in the European session, down 0.10% today at the time of writing. The Australian dollar took a bath a day earlier, sliding...

USD/JPY drifts back below 147.00 area; tests support trendline Technical picture signals bearish trend continuation USD/JPY was unable to maintain its strength on Tuesday despite briefly surpassing...

The USD/JPY pair has slightly increased, rising to 145.95 on Wednesday morning. This movement marks a rebound from two-week lows, though it is still early to suggest a significant reversal in the...

The US dollar's recovery continues, and other markets are starting to notice. The dollar index is up 1.4% to 101.7, having found support twice in the first half of last week before falling to...

The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada. Meanwhile, we will...

Silver is testing a pivotal support zone. If this level holds, it could present a dip-buying opportunity for traders. However, a breach of that level could signal further downside. For less than $8...

GBP/USD starts a new bearish wave but maintains a broad uptrend Technical signals reflect the appetite for more selling; eyes on 1.3100 GBP/USD resumed its negative momentum during Tuesday’s early...

USD/JPY rises for the fourth consecutive day, supported by US economic optimism. US employment data this week is crucial for Fed’s September rate decision and USD/JPY direction. Japanese economic...

The Swiss franc has edged higher on Monday. USD/CHF is currently trading at 0.8514, up 0.16% on the day. With US markets closed for Labor Day, we’re unlikely to see much movement from the US dollar...

The recent 7.4% rally in the AUD/USD from its 5 August 2024 low has been driven by a resurgence of risk-on behaviour and the US Fed’s dovish pivot. Weak China’s manufacturing PMI data and housing...

The US dollar, after hitting a yearly low, is showing signs of recovery. The jobs report will be a decisive factor for the rebound going ahead. Resistance is at the 102 level, with potential support...

The AUD/USD pair dropped significantly to 0.6764 at the start of the week, primarily driven by a strengthening US dollar rather than an inherent weakness in the Australian dollar itself. This shift in...

EUR/USD recoups some losses Finds support near 20-day SMA Stochastics and RSI point north EUR/USD is recovering somewhat after three consecutive red days from its 13-month high of 1.1200. The price...