Forex Opinion & Analysis

  The GBP/USD has been on fire for the past number of weeks, and the price is coming off its…

  Eurozone inflation falls to 2.4% US ISM Manufacturing PMI expected to improve to 47.6 Fed Chair Powell will deliver…

  USDCHF_01_12_Daily USDCHF bounces from 4-month lows Oversold signals create hopes for a rebound An advance above 0.9100 is required…

  Canada’s job growth expected to expand by 15,000 US ISM Manufacturing PMI projected to accelerate to 47.6 The Canadian…

  Swiss franc climbs to 4-month high Swiss GDP rises 0.3% US ISM Manufacturing PMI is expected to rise slightly…

Bearish:  We are currently @ 1.2664 in a new channel after putting in a double top. We are looking for…

  Canada’s GDP expected to remain at 0.0% The Canadian dollar is steady on Thursday. In the North American session,…

  There is a new batch of weak data from China, whose economy has so far failed to respond meaningfully…

  Ongoing correction in the USD/JPY pair could be coming to an end This comes at a time when BOJ’s…

  Eurozone inflation expected to decline to 2.7% ECB’s Lagarde delivers remarks later today The euro is in negative territory…

  German inflation falls to 3.2%, eurozone inflation next US second-estimate GDP improves to 5.2% The euro is showing limited…

Expected drop in core PCE inflation could fuel rate cut bets But will Fed officials move a step closer to…

  The Reserve Bank of New Zealand left its key rate unchanged at 5.5%, the highest in 15 years, but…

  RBNZ holds rates but sends a hawkish message NZD/USD spikes 1% higher but pares gains The New Zealand dollar…

  USDJPY continues its decent downtrend It now tests the support set by the 100-day SMA Momentum indicators support the…

  Bearish: AUD/JPY is currently at 98.18 in a triangle after putting in a double top. We are looking for…

  ECB’s Lagarde says inflation fight not over US PMIs paint a mixed picture The euro is almost unchanged on…

·         Gold surges in short-term ·         Stochastic stands in overbought area, indicating bearish correction Gold prices are extending their bullish…

  2024 Market Outlook Key Points After two years of aggressive interest rate hikes, traders think 2024 will bring a…

EURUSD attempts a strong rebound from 2023 lows Posts a fresh 3-month high before paring some gains Momentum indicators endorse a…