Forex Opinion & Analysis

German inflation confirmed an acceleration. Harmonized CPI rose to 2.8% vs 2.4% a month earlier and 2.3% in March. This is positive news for the Euro, which is lagging behind the Pound and relatively...

Bearish:  Currently we are at 1.7694 in a channel.  We are looking to continue to the ATR target @ 1.7631 area with an outside target at the 1.000 Fibo @ 1.7593 area.  We have convergence in play for...

The Australian dollar is showing limited movement on Wednesday. AUD/USD is trading at 0.6647 in the European session, down 0.02% on the day at the time of writing.What will it take to shake up the...

The AUD/USD pair rose to 0.6650 on Wednesday following the release of Australian economic data. Australia’s consumer price index (CPI) accelerated to 3.6% year-on-year in April, up from 3.5% in...

Bearish:  Currently we are at 1.6316 in a channel in a range.  We are looking to continue to the ATR target @ 1.6266 area with an outside target at the 1.000 Fibo @ 1.6233 area.  We have convergence...

The Japanese yen continues to drift and showing little movement on Tuesday. USD/JPY is trading at 156.92, up 0.01% on the day at the time of writing.Corporate Service Prices Jumps, BoJ Core CPI...

·         GBP/USD creates upside rally from five-month low ·         Stochastic and RSI hold in overbought...

Note: USA Holiday today Bearish: Currently we are at 1.9189 in a range. We appear to have topped out and now moving south. We are looking to continue to the ATR target @ 1.9130 area with an outside...

The Japanese yen has been drifting since late last week and is calm on Monday. USD/JPY is trading at 156.85, down 0.09% on the day at the time of writing.Ueda: BoJ Will Proceed With CautionThe Bank of...

The US dollar rally halted last week after Fed Minutes came out. This week, the greenback is eyeing key inflation and GDP data. It could break out toward 106 if the data is favorable. Invest like the...

The Japanese yen slightly increased against the US dollar on Monday, with the USD/JPY pair holding near 156.73. Investors have already priced in previous remarks from Bank of Japan (BoJ)...

Let's get straight to the point: the GBP/USD has been in an upward trend since last month, but uncertainty still prevails. Currently, the pair is in the 1.2710 range, but price movements have been...

The British pound continues to have a quiet week in which it has stayed close to the 1.27 line. GBP/USD is trading at 1.2715, up 0.13% at the time of writing in the European session.UK Retail Sales...

The Canadian dollar is unchanged on Friday. USD/CAD is trading at 1.3726 in the European session at the time of writing at the time. Canada releases retail sales later, which may trigger some...