Forex Opinion & Analysis

The Australian dollar has stabilized against the US dollar, currently trading around 0.6738. This follows a period of decline influenced by ongoing speculations regarding the US Federal Reserve's...

The gold (XAU) price reached an all-time high on Tuesday as the chances of a rate cut by the Federal Reserve (Fed) in September increased. Gold has gained 6.36% over the past four weeks and 25.16%...

Currently, we are at 172.78, in a range. If we can break the slope support, we are looking for a continuation of the ATR Target at 171.82. There is significant support at 171.36: watch that area. We...

The Japanese yen has edged lower on Tuesday. USD/JPY is trading at 158.42 in the European session, up 0.28% on the day at the time of writing. BoJ Likely Intervened after US Inflation Report The Bank...

USD/JPY finds support near 158.00 after rapid downfall Short-term risk remains in the bearish zone; eyes on 155.00 level US retail sales due for release at 12:30 GMT USD/JPY set a strong foothold...

CB meets with near-zero chances for a rate cut ECB members continue to disagree about the rates outlook A dovish shift looks unlikely as the focus rests with the Fed Euro showing unexpected strength...

EUR/USD's 1.09 breakout remains likely ahead of the Eurozone CPI and ECB decision. Right now, the pair is in an uptrend. Eventually, it will attempt to break out above 1.09 once again. Unlock...

The USDMXN is finding some support at the 50% retracement of the April 2024 lows to June 2024 highs at 17.6200. This is also where the 50dma resides as well. In order to complete an AB=CD move we...

The New Zealand dollar has started the trading week in negative territory. NZD/USD is trading at 0.6097 in the European session, down 0.35% on the day at the time of writing. New Zealand Services PMI...

Dollar remains bearish despite a gap higher following the attempted assassination of Donald Trump. One reason for some gaps on FX markets in the direction of the dollar is the potential inflationary...

EUR/USD edges higher after break above SMAs The pair advances to its highest level since June 4 Oscillators suggest that bullish forces are strengthening EUR/USD has been in a steady uptrend...

The Japanese yen showed significant strength against the US dollar late last week, with the pair currently stabilizing around 157.86. This marks the lowest level for the currency pair in nearly a...

The dollar has weakened on disinflation data, pushing EUR/USD towards resistance at $1.09. Today's PPI data could impact rate cut expectations; continued disinflation could increase the...

The New Zealand dollar is slightly higher on Friday. NZD/USD is trading at 0.6110 in the European session, up 0.24% on the day at the time of writing. New Zealand Dollar Showing Big Swings The New...