Forex Opinion & Analysis

EUR/GBP Erases Some Losses Ahead of ECB Policy Meeting

EUR/GBP Erases Some Losses Ahead of ECB Policy Meeting

EUR/GBP rebounds off 0.8365 RSI and stochastics turn up EUR/GBP posted several days of losses ahead of the ECB interest rate…
USD/JPY: Bulls on the Ropes as Market Headwinds Strengthen

USD/JPY: Bulls on the Ropes as Market Headwinds Strengthen

USD/JPY losing bullish momentum as key technical levels give way Bearish signals strengthen, with RSI and MACD trending lower Hawkish…
USD/CAD Holds Steady as BoC Decision Looms

USD/CAD Holds Steady as BoC Decision Looms

USD/CAD is in recovery mode but not out of the woods Resistance within short distance at 1.4430-1.4465 Bank of Canada…
USD/CHF: Will the Trendline Bounce Lead to Fresh Highs?

USD/CHF: Will the Trendline Bounce Lead to Fresh Highs?

USD/CHF found support at the ascending trendline for the third time, hinting at a potential reversal and further upside. Safe…
GBP/USD: Pound Higher as Services PMI Rises, Job Report Next

GBP/USD: Pound Higher as Services PMI Rises, Job Report Next

The GBP/USD has moved higher on Monday, after declining 1% last week. In the European session, GBP/USD is trading at…
US Dollar Eyes 107 as Trump’s Policies, Global Risks Fuel Gains Ahead of Fed

US Dollar Eyes 107 as Trump’s Policies, Global Risks Fuel Gains Ahead of Fed

The Fed’s next move could define the dollar’s path as economic data supports a resilient US economy. Global risks and…
USD/JPY Hits Three-Week High as Bank of Japan Holds Rate Steady

USD/JPY Hits Three-Week High as Bank of Japan Holds Rate Steady

The USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high. This movement reflects growing investor sentiment that the…
USD/CAD Outlook: 1.4000 Remains Elusive as US CPI Fails to Inspire Breakout

USD/CAD Outlook: 1.4000 Remains Elusive as US CPI Fails to Inspire Breakout

USD/CAD surges as oil prices decline and US Dollar rises. Market anticipates less rate cuts in 2025 due to Trump’s…
AUD/USD: Australian Dollar Steady Ahead of Employment Data

AUD/USD: Australian Dollar Steady Ahead of Employment Data

The Australian dollar is steady on Wednesday. In the European session, AUD/USD is trading at 0.6525, down 0.12% on the…
EUR/USD: Euro Under Pressure, US Inflation Next

EUR/USD: Euro Under Pressure, US Inflation Next

The euro (EUR/USD) is lower for a fourth straight trading day and has declined 0.10% on the day, trading at…
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