Forex Opinion & Analysis

The AUD/USD pair shows signs of potential resurgence as it trades near 0.6802, consolidating within a sideways range at its local peaks towards the end of August. The Australian dollar has appreciated...

USD/CAD changes the outlook to bearish after the fall below 1.360 Stochastic ticks up but RSI still holds near 30 zone USD/CAD is recouping some losses after the strong selling interest that...

The Australian dollar continues to have a quiet week. AUD/USD is trading at 0.6804 in the European session, up 0.09% today at the time of writing. Australian Retail Sales Stagnate Consumer spending...

The Japanese yen is considerably lower on Thursday. In the North American session, USD/JPY rose as much as 0.69% today but has pared most of those gains and is trading at 144.93, up 0.25%. Tokyo Core...

Germany Data German inflation is slowing more than expected. According to a preliminary estimate from Destatis, the consumer price index fell 0.1% in August, and annual inflation slowed to 2.1%,...

USD/JPY is at 145.31 in a channel and a range.  We are looking for a continuation to the R4/ATR target at the 146.00 area. We anticipate a bearish reaction there. Watch the DX for direction, as it...

The euro has extended its decline on Thursday. In the European session, EUR/USD is trading at 1.1095 at the time of writing, down 0.22% on the day. The US dollar has rebounded against the euro this...

The EUR/USD pair is holding steady at around 1.1134 as markets consolidate USD positions during a lull in significant news. Investors are now keenly awaiting the release of the Core PCE inflation...

Australian inflation fell to 3.5% y/y but remains a tick above the cyclical low of 3.4% set earlier this year. Core inflation, however, did hit a cyclical low at 3.8%, leaving the market split 50/50...

Let me introduce you, for those who aren’t already acquainted, to the Unidad de Fomento. The Unidad de Fomento (UF) is an almost-unique currency in the world.[1] It was established in 1967 by Chile...

The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1 events on today’s data calendar but...

Bullish to Bearish: Forex Strategies: Currently, USD/JPY is at 144.73 in a range.  We are in a channel and are looking for a continuation to the 1.00 Fibo at 145.42 and then the ATR Target of 146.00...

The Australian dollar continues to have a quiet week. AUD/USD is trading at 0.6796 in the European session, up 0.06% on the day at the time of writing. Australian CPI Dips to 3.5% Australia’s...

The Australian dollar hit its highest level since December 2023 against the US dollar, briefly topping 0.6800 following the release of the monthly inflation report. The Australian Bureau of...