Forex Opinion & Analysis

Swiss National Bank (SNB) decision anticipated, markets split on 25 or 50 basis point rate cut. Strong Swiss Franc pressures exporters, raising expectations of FX intervention. SNB’s comments on...

The US Dollar Index (DXY) is breaking down from the symmetrical triangle it was stuck in during the past month. This opens as a 1st target 100 with 99.40 following. Keep looking lower against 101.88....

The Australian dollar has edged lower on Wednesday, after surging 1.1% since the start of the week. In the European session, AUD/USD is trading at 0.6879, down 0.18%. Earlier, the Australian dollar...

The USD/JPY pair has found a stable footing around 143.22 as investors carefully analyse the recent comments from Bank of Japan Governor Kazuo Ueda. His remarks suggest that the BoJ is taking a...

Will EUR/USD break the double bottom to the upside? Strong support at 1.1100 Stochastic and RSI look quite positive EUR/USD is continuing the upside rally near the 13-month high of 1.1200,...

The US dollar has posted gains on Tuesday. In the North American session, USD/JPY is trading at 144.04, up 0.34% at the time of writing. BoJ’s Ueda says no rush to hike rates The Bank of Japan stayed...

The USD/JPY has reached the first resistance area which is the confluence of the S/T descending channel’s T/L resistance and 23.6% Fib of the move lower from the multi-year highs to the 139.57 low at...

The Australian dollar has edged higher on Tuesday. In the European session, the Australian dollar is trading at 0.6845, up 0.12% on the day. Earlier today, AUD/USD climbed as high as 0.6869, its...

The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could...

The AUD/USD pair tested the 0.6860 mark on Tuesday, reaching its highest point in 2024, bolstered by supportive economic news from China. The People's Bank of China (PBoC) announced stimulus measures...

GBP/USD eases a bit after strong rally Technical oscillators move slightly down GBP/USD skyrocketed to a fresh two-and-a-half-year high of 1.3365 earlier today, adding almost 3% after the bounce...

In this article, I will take a closer look at AUD/CHF, and the reason for focusing on this pair is the potential divergence between the RBA and the SNB, which could push the pair even higher. The RBA...

Flash Eurozone PMI estimates sent the EURUSD down 0.67% over the hour, as they were much weaker than expected and increased pressure on the ECB to continue easing monetary policy.This is not the...

USD/JPY failure to have a clear break below 140.25 coupled with BoJ Governor Ueda’s cautious rhetoric has increased the odds of a mean reversion rebound. A swift increase in large speculators’ net...