Forex Opinion & Analysis

The British pound is slightly lower on Tuesday. GBP/USD is down 0.21%, trading at 1.2535 in the European session at the time of writing.The UK construction PMI jumped to 53.0 in April, up from 50.2 in...

The XAU/USD pair is maintaining mixed dynamics, oscillating near the 2320.00 level. The market is searching for new drivers while the pair undergoes a slight technical correction after reaching local...

GBP/CAD: In the 4-hour chart, the Tenkan-sen line is above the Kijun-sen, with the red line pointing upwards and the blue line remaining horizontal. The Chikou Span indicator is below the price chart,...

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...

Bearish:  Currently we are at 153.53 in a channel and a possible 5th wave.  We are looking to continue to the 1.000 Fibo target @ 152.10 with a further target the ATR @ 152.00 area. ...

Understanding how currencies move against each other will help you select the best trades and manage your trading risk appropriately

USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over 4.5% from a peak of 160.2 at the start of trading on Monday. Behind the pair's rise is a long-term fundamental...

The British Pound is in positive territory on Friday. GBP/USD is trading at 1.2555, up 0.16% at the time of writing.UK Services PMI Hits 11-Month HighThe service sector accelerated in April, as the...

USD/CAD is steady on Thursday and is trading at 1.3720, down 0.14% at the time of writing.Powell Says Inflation Still Too High to Lower RatesThe Federal Reserve kept the benchmark rate in the target...

It has been a remarkable week for the yen, which has exhibited sharp swings throughout the week. The Japanese yen fell as much as 1% earlier and on Thursday but has pared most of those losses. USD/JPY...

All eyes are now on the Fed meeting. How will the dollar react to the FOMC policy decision, with more key data coming up on Friday? Dollar Index technical analysis points higher. Today’s US...

The New Zealand dollar has steadied on Thursday, after a sharp decline of 1.5% a day earlier. NZD/USD is trading higher 0.08% on the day at 0.5890, at the time of writing.New Zealand’s...

The Japanese yen is lower on Tuesday. In the European session, USD/JPY is trading at 156.88, up 0.34%.It has been a relatively quiet day for the yen after massive movement over the past two days. On...