Forex Opinion & Analysis

The EUR/USD is testing the supply zone near 1.0870 again. This comes amid more hawkish statements from the Fed officials. As the pair approaches a key resistance, we will take a look at the bullish...

The FX markets should come to life as we head deeper into the week, with lots of market-moving data to come. Among the majors, the USD/CAD particularly faces a busy week, with plenty of market-moving...

The Japanese yen is drifting on Tuesday. In the European session, USD/JPY is trading at 150.44, down 0.05%.Tokyo Rises 2.5% as ExpectedToday’s release of Tokyo Core CPI, which excludes fresh...

Bearish:  We are currently @ 150.51 in the very top of a range.  IF USDX breaks down, we are looking to continue to the ATR target @ 149.87 with a further target the S3 @ 149.45 area. ...

The Japanese yen is showing limited movement on Monday. In the European session, USD/JPY is trading at 150.34, up 0.13%.Tokyo Core CPI Expected to Rise to 2.5%Japan releases Tokyo Core CPI, considered...

Nonfarm payrolls and Powell’s testimony will be crucial for US dollarEuropean Central Bank could set the stage for summer rate cutsBank of Canada decision and UK budget announcement also in...

Japanese yen falls below 150 BoJ’s Tanaka urges changes to monetary policy US PCE price index falls to 2.4% BoJ’s Tanaka Hints at Tighter Monetary PolicyAfter close to two weeks of little...

GBPJPY breaks below key support area after new highTechnical signs weaken, but 20-day EMA comes to the rescue againGBPJPY extended its pullback from an eight-and-a-half-year high of 191.30 for the...

The EUR/GBP is setting up for a good reversal as we have an inverted head and shoulder pattern technical setup. But what makes this setup so appealing at the moment is the market is very bearish the...

Bearish:  We are currently @ 1.2655 in a range.  IF USDX turns down, we are looking to continue to the ATR target @ 1.2700 with a further target the range top @ 1.2720 area.  Would love...