Forex Opinion & Analysis

The gold (XAU) price reached an all-time high on Tuesday as the chances of a rate cut by the Federal Reserve (Fed) in September increased. Gold has gained 6.36% over the past four weeks and 25.16%...

Currently, we are at 172.78, in a range. If we can break the slope support, we are looking for a continuation of the ATR Target at 171.82. There is significant support at 171.36: watch that area. We...

The Japanese yen has edged lower on Tuesday. USD/JPY is trading at 158.42 in the European session, up 0.28% on the day at the time of writing. BoJ Likely Intervened after US Inflation Report The Bank...

USD/JPY finds support near 158.00 after rapid downfall Short-term risk remains in the bearish zone; eyes on 155.00 level US retail sales due for release at 12:30 GMT USD/JPY set a strong foothold...

CB meets with near-zero chances for a rate cut ECB members continue to disagree about the rates outlook A dovish shift looks unlikely as the focus rests with the Fed Euro showing unexpected strength...

GBP/USD struggles to break above the 1.3000 level despite softer US data and a dovish comment from Fed Chair Powell. UK inflation data will be crucial in determining whether GBP/USD can break above...

The USDMXN is finding some support at the 50% retracement of the April 2024 lows to June 2024 highs at 17.6200. This is also where the 50dma resides as well. In order to complete an AB=CD move we...

While a potential new Trump mandate is widely seen as a positive for the dollar, the dollar index hit a one-month low on Monday as it continues to rebound from the Fed’s latest softening tone and...

Dollar remains bearish despite a gap higher following the attempted assassination of Donald Trump. One reason for some gaps on FX markets in the direction of the dollar is the potential inflationary...

EUR/USD edges higher after break above SMAs The pair advances to its highest level since June 4 Oscillators suggest that bullish forces are strengthening EUR/USD has been in a steady uptrend...

The Japanese yen showed significant strength against the US dollar late last week, with the pair currently stabilizing around 157.86. This marks the lowest level for the currency pair in nearly a...

The dollar has weakened on disinflation data, pushing EUR/USD towards resistance at $1.09. Today's PPI data could impact rate cut expectations; continued disinflation could increase the...

The New Zealand dollar is slightly higher on Friday. NZD/USD is trading at 0.6110 in the European session, up 0.24% on the day at the time of writing. New Zealand Dollar Showing Big Swings The New...

The Japanese yen has edged lower on Friday after posting huge gains a day earlier. USD/JPY is trading at 159.16 in the European session, up 0.26% at the time of writing. Japanese Yen Soars – Soft US...