Forex Opinion & Analysis

The Japanese yen is drifting on Tuesday. In the European session, USD/JPY is trading at 150.44, down 0.05%.Tokyo Rises 2.5% as ExpectedToday’s release of Tokyo Core CPI, which excludes fresh...

Bearish:  We are currently @ 150.51 in the very top of a range.  IF USDX breaks down, we are looking to continue to the ATR target @ 149.87 with a further target the S3 @ 149.45 area. ...

The Dollar Index retreats as market attention shifts to job data and Fed President Powell's remarks, impacting its trajectory. The EUR/USD pair faces a crucial juncture after Euro-zone inflation...

Nonfarm payrolls and Powell’s testimony will be crucial for US dollarEuropean Central Bank could set the stage for summer rate cutsBank of Canada decision and UK budget announcement also in...

Japanese yen falls below 150 BoJ’s Tanaka urges changes to monetary policy US PCE price index falls to 2.4% BoJ’s Tanaka Hints at Tighter Monetary PolicyAfter close to two weeks of little...

The EUR/GBP is setting up for a good reversal as we have an inverted head and shoulder pattern technical setup. But what makes this setup so appealing at the moment is the market is very bearish the...

Bearish:  We are currently @ 1.2655 in a range.  IF USDX turns down, we are looking to continue to the ATR target @ 1.2700 with a further target the range top @ 1.2720 area.  Would love...

EURUSD trades in a range defined by 50- and 200-day SMAsMomentum indicators are marginally tilted to the upsideEURUSD has posted a mild recovery following its pullback from the December high of 1.1138...

Bearish:  We are currently @ 162.94 in the top of a channel in a range.  The head and shoulders pattern is almost finished and suggests a move to the downside. IF we can finish the right...

The New Zealand Dollar is down 1.2% since the start of the day on Wednesday due to disappointment with the RBNZ's actions and comments.The country's central bank left its key interest rate unchanged...

RBNZ holds cash rate at 5.25% New Zealand dollar declines 1.2% The New Zealand dollar is sharply lower on Tuesday. In the European session, NZD/USD is trading at 0.6095, down 1.22%. Earlier, the New...