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Forex Opinion & Analysis

Kenny Fisher
Euro Dips on Weak German Data By Kenny Fisher - May 25, 2023

Germany’s GDP contracts in Q1 German consumer confidence remains deeply pessimistic FOMC minutes show uncertainty over the rate path EUR/USD is down for a third straight day. In the European...

Jason Sen
Is a Forex Bull Run Imminent? By Jason Sen - May 25, 2023 3

We wrote: US dollar index holding support at 103.00 keeps the outlook positive in what I believe is the start of a bull run. Although we failed to beat last week's high at 103.60/65 I doubt this will...

Al Brooks
EUR/USD: Micro Double Bottom, Target Below By Al Brooks - May 24, 2023 10

The overnight Globex Market sold off after yesterday’s strong bear channel down. Today will probably have at least two hours of sideways trading since yesterday’s selloff was climactic. This means...

Kenny Fisher
NZD/USD Slides After RBNZ Hike of 0.25% By Kenny Fisher - May 24, 2023

RBNZ hikes by 0.25%, signals end of tightening cycle New Zealand retail sales decline NZD/USD slides by 1.8% The New Zealand dollar is taking a bath on Wednesday. In the European session, NZD/USD is...

Al Brooks
EUR/USD Likely to Reach March 24 Low By Al Brooks - May 23, 2023 5

The EUR/USD Bulls tried to get a reversal up over the past two days. However, the channel down is tight. This increased the probability or more sideways to down. The bears want to get down to the...

Scott Barkley
EUR/NZD Tries to Break Out By Scott Barkley - May 23, 2023

EUR/NZD is currently at 1.7281 and after a double bottom. If we can break resistance here, we are looking for a continuation of the ATR target of 1.7377.  Watch the USDX for direction. The average...

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