Forex Opinion & Analysis

BoJ hiked its overnight interest rate to 0.25% and announced its “Quantitative Tightening” plan, without much major surprises. USD/JPY sold off but still hovering above its 151.70 key short-term...

August has historically been the weakest month for GBP/USD and AUD/USD. EUR/USD seasonality hints at downside potential, but the broader post-2023 range remains intact. USD/CAD has tended to see...

In March 2024, the Bank of Japan increased the interest rate to 0.1% for the first time in several years. Octa analyst believes that this time, the interest rate will remain unchanged, as it...

Note: JOLTS and Consumer Confidence today Bullish: Forex Strategies: Currently, USD/JPY is at 154.97 out of the triangle. We are looking for a continuation to the ATR target at 155.71. The triangle...

The Japanese yen has sparkled in the second half of July but has lost steam this week. USD/JPY is trading at 154.88 in the European session, up 0.57% on the day at the time of writing. To Hike or Not...

GBP/USD declines steadily from 1-year high The bears eye the 50-day SMA as next target Momentum indicators ease but remain positively tilted GBP/USD had been on the rise following its bounce...

The NZD/USD pair plummeted to 0.5892, marking a significant three-month low. The New Zealand dollar remains under pressure as the US dollar gains strength due to the start of the Federal Reserve's...

BoJ is set to decide on interest rates tomorrow. While the central bank is expected to hold rates steady, a surprise remains in the cards. A hawkish move to spark a strong downside breakout below...

This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...

The US dollar has been consolidating sideways as global risk appetite improves. Currently, the greenback is looking for a direction, and NFPs could prove a catalyst. Weaker-than-expected data could...

Last week’s drop of 2.8% seen in the USD/JPY has almost reached a key support of 151.70. An overstretched decline with high volatility on top of an oversold condition increases the odds of a mean...

BoJ may shake the market with a rate hike The bank plans to unveil a strategy to roughly halve bond Yen recoups some losses with notable bullish correction Decision is due on Wednesday at 03:00...

The AUD/USD pair is climbing towards 0.6552 on Monday. The Australian dollar is bouncing back from a 12-week low as investors await Australian inflation data.In the past two weeks, the AUD, in the...

Tourists are flooding into Japan this year because currency values matter to every day people whether they regularly follow exchange rates or not. Here's my travel report from Japan, its economy and...