Forex Opinion & Analysis

The single currency is trading near $1.076, waiting for further cues and facing serious resistance in its attempt to consolidate above 1.08 on Friday.On Friday, EURUSD's growth accelerated against the...

The Japanese yen is down for a second straight day on Tuesday. USD/JPY has risen 0.45%, up 154.59, up 0.45% at the time of writing. The yen is down 1% this week after soaring 3.4% against the dollar a...

The Australian dollar has lost ground on Tuesday. AUD/USD has dropped by 0.31%, trading at 0.6604 in the European session at the time of writing.RBA Stays Pat But Wary of InflationThere was no...

Bearish:  Currently we are at 154.45 barely out of a channel and a possible 5th wave.  IF we break back in the channel, we are looking to continue to the ATR target @ 152.54 with a further...

The British pound is slightly lower on Tuesday. GBP/USD is down 0.21%, trading at 1.2535 in the European session at the time of writing.The UK construction PMI jumped to 53.0 in April, up from 50.2 in...

The XAU/USD pair is maintaining mixed dynamics, oscillating near the 2320.00 level. The market is searching for new drivers while the pair undergoes a slight technical correction after reaching local...

Welcome to today's video where we'll review yesterday's trades, share today's trade ideas, and dive into the latest market news. Join us as we analyze the markets through a technical lens and...

Bearish:  Currently we are at 153.53 in a channel and a possible 5th wave.  We are looking to continue to the 1.000 Fibo target @ 152.10 with a further target the ATR @ 152.00 area. ...

The U.S. Dollar is a key variable in all aspects of the marketplace. The strength of the dollar factors into the price we pay for food, gas, and everyday groceries.It also affects the equity and bond...

USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over 4.5% from a peak of 160.2 at the start of trading on Monday. Behind the pair's rise is a long-term fundamental...

The British Pound is in positive territory on Friday. GBP/USD is trading at 1.2555, up 0.16% at the time of writing.UK Services PMI Hits 11-Month HighThe service sector accelerated in April, as the...

The Japanese yen has extended its gains on Friday. USD/JPY is trading at 153.26, down 0.27% at the time of writing.It has been a week to remember as the yen has soared 3.2% against the dollar. The yen...

USD/CAD is steady on Thursday and is trading at 1.3720, down 0.14% at the time of writing.Powell Says Inflation Still Too High to Lower RatesThe Federal Reserve kept the benchmark rate in the target...

It has been a remarkable week for the yen, which has exhibited sharp swings throughout the week. The Japanese yen fell as much as 1% earlier and on Thursday but has pared most of those losses. USD/JPY...