Forex Opinion & Analysis

Here's your daily 60 seconds trading tipIn this video, I share one of my favorite Price Action Trading Strategies for forex - Round Number Trading

The British pound is drifting on Wednesday. In the European session, GBP/USD is trading at 1.2784, down 0.06%.UK GDP Expands 0.2% in JanuaryIt wasn’t a spectacular rebound but the UK economy...

Bullish:  We are currently @ 189.37 in a channel  in a range.  We are looking to continue the channel to the ATR target @ 1190.12. There is  a further 0.214 Fibo target @...

An important Bank of Japan meeting is around the corner and Interest rates may go up finally. Meanwhile, the US CPI continues to stabilize above 3%. USDJPY Tests an important zone in the 146-147 yen...

USD/JPY trades sideways in anticipation of next week’s key eventsUSD/JPY’s correction halted a tad above the 200-day SMAMomentum indicators support the bearish trend but with less...

As of Wednesday, the EUR/USD pair is hovering near 1.0925 after experiencing a volatile session, with expectations for a more subdued week ahead. Recent statistical data highlighted...

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 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...

The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it’s also the most watched.When the dollar is on the move, it can have an effect on the various...

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...