Forex Opinion & Analysis

GBPUSD generates fresh 2024 peakBut declines sharply towards the 50-day SMAMomentum indicators weaken significantlGBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a...

GBP/USD is approaching a key support level ahead of the Fed and BoE meetings. The BoE is very unlikely to consider rate cuts before the Fed and the ECB. Meanwhile, Fed's hawkish stance could keep the...

Bearish:  We are currently @ 1.2735 in a channel  in a range.  We are continuing a third wave and looking to continue the channel to the ATR target @ 1.2680  with a further S4...

The Japanese yen is showing limited movement to start off the week. In the European session, USD/JPY is trading is almost unchanged at 149.07.Will the BoJ Raise Rates on Tuesday?The Bank of Japan will...

Last week, the US dollar fluctuated as inflation data came in above expectations, sparking volatility. Amid talks of potential shifts in Federal Reserve policy, investors are eyeing the upcoming Fed...

The Australian dollar has momentarily halted its downward trajectory against the US dollar, stabilizing around the 0.6565 mark. With a lack of significant domestic data from Australia, the AUD's...

The euro is steady on Friday, after sustaining sharp losses a day earlier due to the US inflation report. In the North American session, EUR/USD is trading at 1.0893, up 0.09%.ECB Members Signal Rate...

The New Zealand dollar continues to lose ground and has dropped more than 1% since Wednesday. In the European session, NZD/USD is trading at 0.6094, down 0.59%.NZ Manufacturing PMI Declines for 12th...

The Japanese yen has extended its losses against the US dollar for a fourth straight day and is down 1.1% this week. In the European session, USD/JPY is trading at 148.70, up 0.28%.Japanese Unions Win...

US PPI jumps 0.6% New Zealand Mfg. PMI expected to remain in negative territory The New Zealand dollar has lost ground on Thursday. In the North American session, NZD/USD is trading at 0.6136, down...

Bearish:  We are currently @ 1.2794 in a channel  in a range.  We are starting a third wave and looking to continue the channel to the ATR target @ 1.2750 with a further 0.618 Fibo...

AUD/USD squeezed between key levelsTraders indecisive ahead of US retail sales AUD/USD regained positive momentum and climbed above its exponential moving averages (EMAs) after breaking out of...

The USDCAD pair remains within a sideways range, with the Canadian dollar occasionally showing a tendency to strengthen. Recent DES data revealed that Canadian households have become more affluent. In...

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