Forex Opinion & Analysis

The Japanese yen has rebounded on Thursday and is trading at 161.01, down 0.43% on the day. The yen has been on a slide over the past four weeks and has declined by 3.9% during that time. On...

Will the July nonfarm payrolls report disappoint, sending the US dollar lower? Let's take a look at what the signal is from the other labor market indicators are telling us

Good morning, everyone! Markets may be a bit slow today due to the holidays in the US. However, there are elections in the UK, and we will get the nonfarm payroll report tomorrow, so we might still...

The NZD/USD pair has extended its upward movement into a third session, reaching 0.6106 amid growing weaknesses in the US dollar. Negative shifts in US economic indicators, particularly June's...

Note: ADP and JOLTS Job Openings today. Currently, the USD/JPY pair is trading at 161.90 in a rising wedge (bearish). If we can break the wedge, we are looking for a continuation to the ATR Target at...

The Australian dollar is drifting on Wednesday. AUD is trading at 0.6674 in the European session, up 0.11% on the day. Australian Retail Sales Climb 0.6% Australian consumers have been counting their...

AUD/USD has climbed to 0.6676, yet remains in a "sideways" pattern, indicating a lack of clear directional momentum in the market. The AUD/USD appreciation is linked to a softening in the US dollar's...

USD/JPY continues its ascending move Technical oscillators still ticking up USD/JPY is creating higher highs, unlocking a fresh 38-year high of 161.92 earlier in the day. The rebound off 154.50 is...

The euro is slightly lower on Tuesday. EUR/USD is trading at 1.0719 in the European session, down 0.19% on the day at the time of writing. The euro hit a two-week high on Monday, rising to 1.0776,...

Note: Jolts is today Bearish: Forex Strategies: Currently we are at 178.71 out of the triangle. We are looking for a continuation to the ATR Target @ 177.93. There is a 1.270 Fibo further @ 177.87....

The Australian dollar has posted slight losses on Tuesday. AUD/USD is trading at 0.6649 in the European session, down 0.15% on the day. Australian Retail Sales Expected to Improve Australian...

Yen tumbles as BOJ's dovishness clashes with Fed tightening, USD/JPY breaks 160 barrier. Don't expect a quick reversal - slow BOJ hikes unlikely to dent USD/JPY strength in the near future. Key US...

GBP/USD’s recent bounce off 1.2300 runs out of steam RSI and MACD hold beneath mid-levels GBP/USD started a bearish wave again after the spike towards the three-month high of 1.2860, sending prices...

The EUR/USD pair experienced a noticeable uptick yesterday, but failed to sustain its peak, settling at 1.0732 today. Early gains were buoyed by the initial outcomes from France's parliamentary...