Forex Opinion & Analysis

The USD/JPY has tumbled to new multi-decade lows after its recent free fall.Currently, the Yen is trading into 40-year support. Could this be the time/price area from which we see a rally? Let’s...

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...

The New Zealand dollar is lower on Friday. NZD/USD is down 0.31% on the day, trading at 0.6015 in the European session at the time of writing.New Zealand manufacturing has been in a prolonged slump...

The Canadian dollar is almost unchanged on Friday. USD/CAD is up 0.03%, trading at 1.3680 in the European session at the time of writing.Canada’s Job Growth Expected to ReboundCanada will...

The British pound is drifting on Friday. GBP/USD is up 0.05%, trading at 1.2531 in the European session at the time of writing.UK GDP Rises 0.6%The British economy grew by 0.6% q/q in the first...

AUDUSD repeatedly fails to conquer the 0.6643-0.6666 rangeBut outlook is positive as price holds above 50 and 200-day SMAsMomentum indicators deteriorate but remain in positive zonesAUDUSD has been in...

The Japanese yen has posted a three-day slide and is in negative territory on Thursday. USD/JPY has risen 0.26% on the day and is trading at 155.93 at the time of writing.Is the BoJ Turning...

Bullish:  Currently we are at 171.15 in a working channel and a possible 5th wave.  IF we break the 1.618 Fibo here, we are looking to continue to the ATR target @ 172.10.    Watch...

The FX markets have been a little quieter so far this week, largely due to a quiet US data calendar. But as we approach the business end of the week, we should see pockets of elevated volatility and...

USD/CAD has edged higher on Wednesday and is up 0.25%, trading at 1.3760 at the time of writing.Canada’s Ivey PMI climbed sharply in April to 63.0, up from 57.5 in March and beating the forecast...

The Japanese yen is down for a third straight day and has declined 1.5% this week. USD/JPY has risen 0.43% on the day and is trading at 155.35 at the time of writing. Early Thursday, the BoJ will...

Strengthening rate cut projections weigh on USDJPY; upward pattern intact above 151.90GBPUSD faces rejection near familiar resistance of 1.2630 ahead of BoE policy announcementUSDCAD trends within a...

The USD/JPY pair is on the rise again this Wednesday, recovering more than half of its previous losses despite ongoing warnings from Japanese authorities about sharp fluctuations in the yen. Finance...