Forex Opinion & Analysis

USDJPY trades at its highest level since April 1990Momentum indicators flag extremely overbought conditionsFor now, Japanese authorities seem reluctant to interveneUSDJPY has been in a steady uptrend...

Bearish:  Currently we are at 1.2438 in a channel.  We are looking to continue to the ATR target @ 1.2394 with a further target the 0.618 Fibo @ 1.2349.    Watch the USDX for...

The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a...

The US dollar's gains stalled last week, and on Tuesday, it lost a third of a cent against a basket of major currencies to 105.4 from a peak of 106.3 the week before. Yesterday's pullback more closely...

The AUD/USD has been on a downward trend since the start of the year, hitting fresh lows after only managing a three-wave rise to the 0.6666 March highs, which was part of a triangle pattern visible...

The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period of rapid decline and is...

The euro is declining against the US dollar as the ECB and Fed's policies diverge ECB President Lagarde's recent comments on falling inflation hint at potential rate cuts, echoed by other ECB...

Bullish:  Currently we are at 0.6442 in a well built Range.  We are looking to continue to the ATR target @ 0.6489 with a further target the R3 @ 0.6502.    Watch the USDX for...

The US dollar has rallied recently and is now consolidating gains. Geopolitical tensions and hawkish Fed comments are fueling the rise of the US dollar against major currencies like the euro and...

Welcome to today's video where we'll review yesterday's trades, share today's trade ideas, and dive into the latest market news. Join us as we analyze the markets through a technical lens and...

The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trading in Europe at 154.58, down...