Forex Opinion & Analysis

The British pound is slightly lower on Thursday. In the European session, GBP/USD is trading at 1.2766, down 0.16%.BoE Expected to Hold RatesThe markets will shift focus from the Federal Reserve,...

AUDUSD was in a steady retreat since early MarchBut finds feet and reclaims both SMAs after dovish FOMCMomentum indicators improve drasticallyAUDUSD had been losing ground since the beginning of...

The EUR/USD pair soared to a weekly high of 1.0933 on Thursday following the Federal Reserve System's announcement of three interest rate cuts planned for 2024. These adjustments will reduce borrowing...

The USD/JPY pair surged to a four-month high as investors recalibrated their expectations for the Bank of Japan's future actions. The consensus is now that the BoJ's monetary policy will remain...

The FOMC day is finally here, and all the attention will turn to the Fed’s latest economic projections and Powell’s press conference.Major currency pairs like the EUR/USD, gold and indexes...

USDJPY storms to fresh 2024 high after BoJ’s rate hikeThe pair is within breathing distance from 33-year peakMomentum indicators point to overbought conditionsUSDJPY has been in a steady uptrend...

The Australian dollar is sharply lower on Tuesday. In the European session, AUD/USD is trading at 0.6507, down 0.80%. The Aussie is on a nasty slide and has declined by 1.7% since March 13.RBA Removes...

GBP/USD is approaching a key support level ahead of the Fed and BoE meetings. The BoE is very unlikely to consider rate cuts before the Fed and the ECB. Meanwhile, Fed's hawkish stance could keep the...

Bearish:  We are currently @ 1.2735 in a channel  in a range.  We are continuing a third wave and looking to continue the channel to the ATR target @ 1.2680  with a further S4...

The Japanese yen is showing limited movement to start off the week. In the European session, USD/JPY is trading is almost unchanged at 149.07.Will the BoJ Raise Rates on Tuesday?The Bank of Japan will...

Last week, the US dollar fluctuated as inflation data came in above expectations, sparking volatility. Amid talks of potential shifts in Federal Reserve policy, investors are eyeing the upcoming Fed...

The Australian dollar has momentarily halted its downward trajectory against the US dollar, stabilizing around the 0.6565 mark. With a lack of significant domestic data from Australia, the AUD's...

Fed meets on Wednesday with focus on new dot plotWill the Bank of Japan finally end negative rates on Tuesday?BoE and RBA to stick with patience, SNB might be in more of a rush to cutFlash PMIs plus...