Forex Opinion & Analysis

Fed policymakers sticking to the script US data continues to point to a strong economy Fib rebound may suggest we’ve seen a correction in GBP/USD It isn’t the busiest week as far as UK and...

Bullish:  We are currently @ 1.6502 in a channel.  We are looking for a continuation to the ATR target @ 1.6567 with the further target  the 0.618 Fibo @ 1.6578 area. Watch the USDX for...

The euro is back at 0.8520 against the pound. The pair bounced off this level in June and August last year. Reaching the same level in late January triggered a shake-out, but active declines resumed...

New Zealand’s unemployment rises, wages ease The New Zealand dollar is drifting on Wednesday, after jumping 0.73% a day earlier. In the North American session, NZD/USD is trading at 0.6104, up...

The EUR/USD remains bearish, with traders cautious due to uncertain Fed easing expectations. Dollar rally eased as bond yields fell back, supported by stronger ISM services PMI, while Fed officials'...

Cross-market volatility levels remain low as expectations of early easing from the Fed ebb and flow. It is another quiet day for the data calendar and calm conditions are seeing yen-funded carry trade...

Traders pare rate cut expectations after strong US data UK households remain cautious with spending in December GBP/USD breaks quadruple top neckline The US economy is going from strength to strength,...

Bearish:  We are currently @ 150.44 in a channel.  If we can break support here, we are looking for a continuation to the ATR target @ 150.73 with the further target  the S5 @ 150.09...

The Australian dollar is showing limited movement on Tuesday, after the Reserve Bank of Australia held interest rates. In the European session, AUD/USD is trading at 0.6493, up 0.61%.RBA Maintains...

The US dollar extended its gains on Monday after a strong ISM services PMI report only added to the view that the Fed would not be in a hurry to ease policy following Friday’s robust jobs...

·         GBPUSD tests 200-day SMA after strong sell-off ·         Prices break trading range to the...

The Reserve Bank of Australia kept its cash rate unchanged at 4.35% for the third consecutive meeting. The markets widely expected the decision, but the tone of the accompanying commentary was more...

Recent US economic data, particularly in the manufacturing and services sectors, have strengthened the US dollar. This has created a bearish scenario for GBP/USD, with a key support zone at 1.2530 and...

With a series of strong economic reports reinvigorating the “US Economic Exceptionalism” theme from Q3, it’s not surprising that the US dollar is the strongest major currency on the...