Forex Opinion & Analysis

The EUR/USD’s sluggish start to the year continued in the first half of Wednesday’s session, with investors showing a preference for the US dollar ahead of key data releases from the...

December jobs report not expected to upset marketsAny slowdown in hiring could reinforce rate cut betsBut dollar bulls anticipating a different outcome on Friday, 13:30 GMTMarkets vs the FedThe soft...

Bearish: GBP/USD currently @ 1.2641 after topping out in a range. If we can break here, we are looking for a continuation to the ATR target @ 1.2534 with the further target the support @ 1.2500...

The British pound is steady on Wednesday after sharp losses a day earlier. In the European session, GBP/USD is trading at 1.2632, up 0.11%.UK Services PMI Expected to AccelerateUK Services PMI will be...

Euro slips to two-week low US ISM Manufacturing PMI expected to rise slightly FOMC minutes to be released later on Wednesday Germany, Eurozone to release CPI on Thursday The euro has steadied on...

The dollar jumped yesterday as investors started to return from the long Christmas break. Markets are unwinding some dovish bets, and questioning stretched equity valuations, ultimately favoring...

·         USDJPY shows some progress ·         MACD and RSI turn up USDJPY started 2024 in a positive...

The EUR/USD bulls are selling out of longs, and the bears are establishing short positions. Today’s downside breakout is strong enough for a second leg down. The bears are hopeful that today...

China Caixin Manufacturing posts slight growth The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6826, up 0.22%. The week between Christmas...

Trade Ideas for Tuesday 2nd January 2024.Video Analysis:

EURUSD in the red again today after making a new 5-month highThe key resistance area at 1.1032 is playing a key role in this moveMomentum indicators signal that the current bullish move has probably...

Based on the long-term chart, I cannot write the USD off yet.Original Post

The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 141.75, up 0.27%.The US dollar has taken a tumble in recent weeks against most of the major currencies,...

Chicago PMI expected to decelerate China releases PMIs on Saturday The New Zealand dollar is in negative territory on Friday. In the European session, NZD/USD is trading at 0.6308, down 0.37%. The US...