Forex Opinion & Analysis

BoE Governor Bailey’s speech at the Jackson Hole Symposium reiterated BoE’s cautionary dovish monetary policy stance. Short-term interest rate markets are likely to price in a shallower and slower...

Gold has been consolidating gains after its recent surge to record highs. As of now, the bulls are looking for new catalysts to push the prices higher. The yellow metal needs a boost from 2 key...

GBP/USD’s bull run slows down near a familiar resistance area Some stability is likely; sellers need a close below 1.3188 to gain control GBP/USD opened the week with marginal losses after its...

The GBP/USD pair has surged above 1.32, reaching its highest level since March 2022. Key macro readings this week will influence future Fed rate cut expectations and impact the pair. US dollar...

Dollar sold off sharply last week, especially on Friday after Powell delivered his dovish speech. Interestingly, the stock market didn’t see much of a rally, but based on the current price action, we...

The euro is in negative territory on Monday. In the European session, EUR/USD is trading at 1.1156 at the time of writing, down 0.32% on the day. The euro posted strong gains on Friday, rising 0.73%...

Germany's Business Climate Germany's business climate deteriorated in August but was better than expected. The Ifo business climate indicator fell from 87.0 to 86.6, the fourth consecutive month of...

The Japanese yen has shown notable strengthening, with the USD/JPY pair dropping to 143.99 on Monday, marking a three-week low. This movement is primarily driven by the weakness of the US dollar and...

In this new video, I share one of my favorite 15-hour timeframe chart trading strategies that can be used to pick tops and bottoms with accuracy in the forex market.    

The New Zealand dollar is in positive territory on Friday. Early in the North American session, NZD/USD is trading at 0.6158 at the time of writing, up 0.28% on the day. The New Zealand dollar...

AUD/USD is finding its footing, currently stabilising at around 0.6725, as the US dollar weakens further in anticipation of Fed Chair Jerome Powell's speech at the Jackson Hole symposium. The...

USD/CAD repeatedly tests the 200-day SMA Momentum oscillators are mixed USD/CAD has been battling with the 1.3600 round number and the 200-day simple moving average (SMA) over the last couple of...

The massive “yen carry trade” unwind was technically- and sentiment-driven, and could absolutely run further after pausing for a few weeks. EUR/JPY traders will only grow more constructive on the...

The US dollar has rebounded today after a nasty slide against the yen. In the North American session, USD/JPY is trading at 146.45, up 0.83% on the day. The yen had been a tear, gaining 2.7% since...