Forex Opinion & Analysis

The USD/JPY pair has weakened to 145.72, marking a two-week low as the yen strengthens against a backdrop of a weakening US dollar. This decline is primarily driven by market expectations surrounding...

Bullish:  Forex Strategies: Currently USD/JPY is at 146.14 after the breakout. We have convergence now for the up move and are looking for a continuation to the ATR target  of 147.28. Watch the USDX...

The euro is steady on Thursday. In the European session, EUR/USD is trading at 1.1136 at the time of writing, down 0.11% on the day. Eurozone Services Accelerates, Manufacturing Dips Down There was...

The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...

US Dollar Index Plummets on Revised Jobs Data and Dovish Fed Minutes BLS Revises US Job Growth Downward. Biggest Downward Revision Since the Global Financial Crisis. Fed Rate Cuts Priced In?...

The UK economy is still performing well and showing consistent growth (>50) per recent PMI figures Tomorrow’s Flash PMI reading will likely be the biggest economic release of the week for...

Note: FOMC Minutes today Bearish: Forex Strategies: Currently, EUR/JPY is at 162.21, waiting for the slope support breakout. We are looking for a continuation to the ATR target at 160.32 and then the...

The euro is calm on Wednesday after an impressive 3-day rally which saw the EUR/USD jump 1.4%. Will the upswing continue? In the European session, EUR/USD is trading at 1.1220 at the time of writing,...

USD/JPY remains below 200-day SMA and uptrend line RSI ticks higher reflecting the latest move USD/JPY is gaining some ground after three consecutive red days and losing around 3% from the 149.50...

Bullish: Forex Strategies: Currently, USD/JPY is at 146.39 in a channel. We looking for a continuation to the ATR target at 144.71 and then the day chart bottom at 142.18. Watch the USDX for...

The US dollar has fallen to its lowest levels of the year, losing more than 2.3% from its August peak and around 4% since early July as expectations of a Fed rate cut in September began to be priced...

EUR/USD maintains its position close to a seven-month peak, trading at 1.1077 on Tuesday. The US dollar's weakening continues, largely driven by market expectations of an imminent interest rate cut...

The EUR/USD pair is nearing a critical resistance level at 1.11 as the greenback weakens ahead of Jackson Hole. Federal Reserve minutes and Jerome Powell’s Jackson Hole speech are key this...

We discussed the prospect of a low on the Japanese Yen currency several weeks ago. You can see the original chart below. The Japanese Yen did rally off important price support and many assets...