Forex Opinion & Analysis

The EUR/USD pair moved upward to 1.0844 on Thursday, marking an unexpected shift following a period of strong US dollar performance. This change in dynamics can be attributed to investors' positive...

The euro is on a bit of a roll and has pushed slightly higher on Thursday. In the European session, EUR/USD is trading at 1.0857, up 0.19%. The euro is up for a third straight day and has climbed 0.8%...

Investors have second thoughts about a Fed rate cut in JuneDollar benefits from latest market repricingSpotlight turns to the NFP data on Friday at 12:30 GMTData and Fed rhetoric weigh on Fed rate cut...

Bullish:  Currently we are at 190.96 in a range.  IF we can break the 1.000 Fibo resistance here, we are looking to continue to the ATR target @ 191.62.    Watch the USDX for...

The euro is showing little movement on Wednesday. In the European session, EUR/USD is trading at 1.0777, up 0.05%.Eurozone Inflation Ticks LowerInflation in the eurozone continues to decline. March...

NZDUSD declines sharply within descending channelDrops below both 50- and 200-day SMAs to a 4-month lowOscillators remain deep in their negative territoriesNZDUSD has been in an aggressive downtrend...

The EUR/USD pair has dipped to its lowest since 15 February this year following the release of encouraging data regarding the US manufacturing sector's activity on Monday. This improvement, the first...

I hope your Easter holiday was filled with joy. I had the pleasure of spending mine with my family, seizing the opportunity for some rejuvenating hikes.Turning our attention to the financial markets,...

The USD/CAD currency pair is currently encountering resistance around the 1.36 level. Buyers have been consistently testing this level in recent weeks, indicating potential upward pressure. A...

EURJPY retraces lower following a 16-year peakTests ascending trendline drawn from July 2023Oscillators suggest weakening momentumEURJPY had been in a steady advance since December 2023, peaking at a...

The Japanese yen is coming off a quiet week and is showing little movement on Monday. In the European session, USD/JPY is trading at 151.38, up 0.03%.Business Confidence Among Major Manufacturers...

The PCE data met expectations on Friday, with Powell's remarks having minimal impact on market sentiment heading into the new week. Speculation surrounding a potential Fed interest rate cut in June...

The British Pound has spent the past week in a tight 500 pip range but has mostly traded around the 1.2620 level. Attempts by the bears to send the GBPUSD into a downtrend like the EURUSD have so far...