Forex Opinion & Analysis

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 Australian dollar has posted considerable gains on Thursday. AUD/USD is trading at 0.6816 in the European session, up 0.47% on the day at the time of writing. The US dollar continues to struggle...

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...

AUD/USD increases 7% in August 20- and 50-day SMAs post bullish cross Stochastic in overbought region RSI still beneath 70 area AUD/USD hit a new eight-month high above the 0.6800 round number,...

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...

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 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...

USD/JPY retains bearish bias MACD and RSI try to gain some momentum 23.6% Fibonacci acts as strong resistance USD/JPY is continuing its descending movement, especially after the failed attempt to...

US Consumer Confidence “beat” expectations, but the deterioration in consumers’ view of the labor market is the more salient development for markets. The gap between consumers seeing jobs as...

The euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.1179 at the time of writing, up 0.16% on the day. The euro has been on a tear against the...

Note: Consumer Confidence today! Bearish: Currently, EUR/JPY is at 161.07 after the slope support breakout. The pair is in a channel and a continuation to the ATR target of 160.31 is likely. Watch...

The British pound has been one of the best-performing currencies in recent weeks, driven by a good run of UK data and expectations that the Bank of England will not cut interest rates at its...