Forex Opinion & Analysis

The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at 1.3709, up 0.04% on the day at the time of writing. We could see stronger movement in the North American session...

The EUR/USD pair fell sharply to 1.0888, with investors speculating on the future of US interest rates and the potential implications of the upcoming presidential election, particularly as Donald...

USD/CAD bounces off 1.3600 and 200-day SMA Momentum oscillators suggest more gains USD/CAD has been still developing within a trading range of 1.3600 and 1.3790 since April 17, with strong support...

The euro has edged lower on Thursday. Early in the North American session, EUR/USD is trading at 1.0919, down 0.18% on the day. The euro hasn’t posted a losing day since July 9, gaining 1% during...

Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. USD/JPY broke a long-term descending trendline but found support near the 100-day MA and...

Note: US unemployment claims was negative today Bearish: Forex Strategies Currently, GBP/NZD at 2.1382 in a big range. If we can break the support, we are looking for a continuation of the ATR target...

The recent 4-week rally of EUR/CHF from 19 June has started to show signs of exhaustion. The ongoing weakness of France CAC 40 has triggered a negative feedback loop towards EUR/CHF. Watch the...

The EUR/USD poked its head above the June high to approach 1.0950, reaching its best level since March. The US dollar has weakened further despite the release of mixed-bag US data this week, with...

Eurozone inflation remained stable at the end of Q2 2024, with core inflation for services and non-energy goods unchanged at 4.1% and 0.7% respectively. EU services inflation remains persistently...

The British pound continues to roll and is up for a sixth straight day. GBP/USD is trading at 1.3038 in the European session, up 0.51% on the day. The pound has sparkled in July, climbing 3% and...

The Australian dollar has stabilized against the US dollar, currently trading around 0.6738. This follows a period of decline influenced by ongoing speculations regarding the US Federal Reserve's...

The gold (XAU) price reached an all-time high on Tuesday as the chances of a rate cut by the Federal Reserve (Fed) in September increased. Gold has gained 6.36% over the past four weeks and 25.16%...

Currently, we are at 172.78, in a range. If we can break the slope support, we are looking for a continuation of the ATR Target at 171.82. There is significant support at 171.36: watch that area. We...

The Japanese yen has edged lower on Tuesday. USD/JPY is trading at 158.42 in the European session, up 0.28% on the day at the time of writing. BoJ Likely Intervened after US Inflation Report The Bank...