Forex Opinion & Analysis

The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session of declines. This ongoing sell-off in the New Zealand dollar is driven by market expectations of an...

NZD/USD pulls back from its 15-month top Stochastic tumbles to oversold region RSI falls near 50 level NZD/USD lost more than 2% following the pullback from the 15-month high of 0.6380, flirting...

The Japanese Yen faces uncertainty due to a new PM, snap elections, and shifting market sentiment. Despite a strong US Dollar and GBP, the Yen saw a temporary boost from safe-haven flows amid...

The Euro’s appeal has diminished due to expectations of ECB rate cuts, fueled by softer economic data and dovish policymaker comments. The US Dollar is gaining strength amid Middle East tensions,...

GBP/USD is currently trading at 1.3283, navigating within a defined channel. A breakdown below the critical support level at 1.3270 may signal a continuation toward the Average True Range (ATR)...

The yen is sharply lower on Wednesday. In the European session, the USD/JPY is trading at 144.82 at the time of writing, up 0.89%. New Finance Minister Makes Markets Uneasy In Japan, the dust is yet...

USD/JPY holds below key resistance levels as October’s session starts Technical signals cannot warrant a bullish trend reversal USD/JPY had a lackluster beginning to October, with a neutral close...

Forex Strategies Bearish: We are currently starting a channel in a possible 3rd  wave. If we can break resistance @ 90.84, we should continue to the ATR target @ 90.30 with the next target the  S4 @...

After moving to its Fibonacci-extension-based target, gold price declined – so far, just modestly so. Gold's Rising Wedge Breaks: A Bearish Indicator “So far” is the most important part of the above...

USD/JPY is calm on Tuesday after the US dollar jumped 1.03% a day earlier. In the European session, the yen is trading at 143.76 at the time of writing, up 0.10%. Japan’s Parliament Elects Ishiba...

The EUR/USD bounced off the resistance at 1.12 amid softening Eurozone inflation data. Investors anticipate a pivotal US labor market report that could influence future direction. A breakout from...

Fed’s Powell talks down expectations for another 50bps rate cut Dollar benefits, US stocks shake off the initial negative reaction Eurozone CPI could open the door to a stronger October rate cut Yen...

GBP/USD in a channel in a possible 5th wave. If we can break resistance @ 1.3430, we should continue to the 1.000 Fibo @ 1.3500 with the Day chart the Goal @ 1.3570.  The pair should prove it out...

The Japanese yen has steadied on Monday after posting huge gains on Friday. USD/JPY is trading at 142.43 in the European session, up 0.15%. Incoming PM Ishiba Says He’ll Call Snap Election The yen...