Forex Opinion & Analysis

USD/CAD remains below 1.3600 MACD and RSI indicate upside recovery USD/CAD is moving back and forth of the 200-day simple moving average, which is standing marginally beneath the 1.3600 round...

The Australian dollar has posted slight gains on Thursday. In the European session, AUD/USD is up 0.16%, trading at 0.6684 at the time of writing. Australia’s Inflation Expectations Dip to...

Bearish:  Forex Strategies: Currently we are at 1.9528 in a channel and just starting a fractal 5th wave.  We are looking for a continuation to the ATR target @ 1.9428 area with a further target the...

EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations. We will discuss key technical levels to watch ahead of ECB and PPI. For...

NZD/USD is attempting to recover from yesterday’s decline on Thursday and is heading towards 0.6148. The pair came under downward pressure on 29 August, and since then its attempts to stabilize have...

The euro continues to show limited movement and is almost unchanged on Thursday. EUR/USD is trading at 1.1010 in the North American session at the time of writing. ECB Expected to Deliver 25 Bps...

The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate. The EUR/USD managed to rebound a touch after...

Current Dynamics The XAU/USD pair shows moderate growth during the Asian session, testing the 2520.00 level. This movement comes as investors await U.S. inflation data, which could influence the...

It’s going to be an important week, with the focus on the U.S. CPI inflation data, which could provide more clues on whether the Fed will go for 25 or even 50 basis point cut. Keep in mind that...

UK labor data beats expectations, with regular pay rising by 5.1% and employment increasing by 265k. BoE faces challenges in balancing strong employment figures with moderating wage growth and rate...

USD/JPY struggles near 142 after weaker-than-expected economic data from Japan. The downtrend in GDP and inflation data raises doubts about further BoJ rate hikes. Watch for a potential decline to...

GBP/USD hovers within critical zone Stochastics and RSI lose momentum GBP/USD has lost its positive momentum after the pullback on the almost two-and-a-half-year high of 1.3265, trading within the...

The US Dollar Index (DXY) has seen a stark turnaround since the jobs data release on Friday. The immediate aftermath left the US Dollar reeling as the DXY looked set to print fresh lows. However, as...

After an initial decline, the US Dollar began to rally on the back of US employment data that dampened expectations of a 50-basis point rate cut by the Fed in September.The US employment data, which...