Forex Opinion & Analysis

The EUR/USD pair was a tad higher during the first half of the European session, but just like the previous day the small gains could prove to be short-lived as the US dollar continues to strengthen...

Forex Strategies Bearish: GBP/JPY is currently @ 195.64 in the top of a range. We are just breaking out of a rising wedge. We have divergence in play for the down move. We are looking for the...

The Canadian dollar is unchanged on Tuesday. In the European session, USD/CAD is trading at 1.3831 at the time of writing. The Canadian dollar is under pressure and is having a miserable October,...

USD/JPY jumps back into the 150 area after two months Caution needed due to overbought conditions USD/JPY kicked off the week on a strong note, rising at a faster pace to close above the 150.00...

The rise in gold is being driven primarily by the same factors as always: geopolitical tension in the Middle East and Eastern Europe. These conflicts are the kind of thing that always make the market...

The AUD/USD pair is attempting a recovery toward 0.6681, though the prospects seem uncertain as the pair remains near a six-week low. The strengthening of the US dollar and the rise in US Treasury...

Continued US economic strength, improved prospects for a Trump Presidency has traders questioning US interest rate outlook Markets pare pricing for Fed rate cuts this year by more than half since...

The euro has edged lower on Monday. In the North American session, EUR/USD is trading at 1.0838 at the time of writing, down 0.24% on the day. ECB’s Kazimir says disinflation continuing The European...

USD/JPY Bearish: We are currently @ 149.80 in the top of  a range. We have convergence down and a right shoulder is most likely printed.  We are looking for  the continuation to the S4 @ 148.07....

Market Picture The German Producer Price Index fell more than expected, preventing the EUR/USD from extending the rebound seen at the end of last week. Producer prices in Europe’s largest economy...

The Australian dollar is calm on Monday. In the European session, AUD/USD is trading at 0.6689, down 0.18%. The Aussie posted its third straight losing week and has declined 3.2% in October. On the...

A strong U.S. economy and geopolitical risks are key drivers for the US dollar's current trajectory. Differing central bank approaches globally favor the dollar amid potential trade policy...

USD/JPY has rallied by 7.7% from the 16 September 2024 low with three key risk events/data for this week (Japan’s flash PMI, Tokyo CPI & general election). The recent 4-week rally in the USD/JPY...

The GBP/USD pair is trading with almost zero momentum, remaining near the 1.3040 reference level. The "bulls" have maintained the upward momentum formed at the end of last week but are waiting for...