Forex Opinion & Analysis

Bearish:  We are currently @ 1.6504 in a channel  in a range.  We are looking to continue the channel to the ATR target @ 1.6428. There is  a further S5 target @ 1.6366 ...

EUR/USD trades neutral as US CPI inflation data loomShort-term upleg intact but risks remain below 1.0968EUR/USD has been capped below the 50% Fibonacci retracement of the 2020-2022 downtrend at...

The British pound has extended its losses on Tuesday. In the European session, GBP/USD is trading at 1.2799, down 0.26%.UK Job Market Slows DownThe UK labor market has remained resilient despite...

The British Pound is losing ground against the US Dollar for the second day in a row as pressure mounts on fresh UK employment data.Data for February showed a rise in Claimant Count by 16.8K - the...

The USD/JPY pair has begun to rise, reaching 147.33. This shift follows five consecutive sessions of yen appreciation without interruption.Firstly, the US dollar has halted its rapid decline and shows...

Friday's employment report caused a mixed reaction in the markets, with an initial surge of optimism followed by a deterioration in sentiment as we delved into the details of the release. The...

Bearish:  We are currently @ 160.56 in a channel  in a range.  We are looking to continue the channel to the ATR target @ 159.80. There is  a further day chart target @...

Last week, the dollar faced selling pressure, reaching its lowest level in 7 weeks after the nonfarm payrolls data. Concerns about potential interest rate cuts by the Fed led to a correction, but...

The Japanese yen strengthened against the US dollar on Monday, reaching a month-long peak following the release of statistics indicating Japan's return to economic growth in Q4 2023. This development...

US inflation and retail sales data to take the spotlight as dollar slipsUK jobs and GDP numbers coming up too amid recession woesWill markets hold their nerve before the looming central bank...

USD/JPY experienced its biggest one-day drop in 2024 yesterday.In this video, I talk about the 6 reasons why it saw such a big move and what next for the Yen.

Here's your daily 60 seconds trading tipIn this video, I outline the reasons why the Japanese Yen could rip higher in 2024.

ECB Expected to Hold Rates at 4%The euro is barely making a peep on Thursday, ahead of the European Central Bank’s decision later in the day. In the European session, EUR/USD is trading at...

The EUR/USD faces a crucial period with the ECB rate decision today, setting the stage for a directional move. The US dollar weakening suggests a potential short-term peak, creating a favorable...