Forex Opinion & Analysis
GBP/USD: British Pound Loses Ground on Soft Employment Report
14.03.2024
GBP/USD: British Pound Loses Ground on Soft Employment Report
The British pound has extended its losses on Tuesday. In the European session, GBP/USD is trading at 1.2799, down…
UK’s Slowing Wage Growth Drop Crumbs to BoE’s Doves
14.03.2024
UK’s Slowing Wage Growth Drop Crumbs to BoE’s Doves
The British Pound is losing ground against the US Dollar for the second day in a row as pressure mounts…
Japanese Yen Weakens After Five Sessions of Gains
14.03.2024
Japanese Yen Weakens After Five Sessions of Gains
The USD/JPY pair has begun to rise, reaching 147.33. This shift follows five consecutive sessions of yen appreciation without…
US Labour Market Has Already Turned a Corner
14.03.2024
US Labour Market Has Already Turned a Corner
Friday’s employment report caused a mixed reaction in the markets, with an initial surge of optimism followed by a deterioration…
Is the US Dollar Quietly Forming a Bearish Topping Pattern?
14.03.2024
Is the US Dollar Quietly Forming a Bearish Topping Pattern?
The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it’s also…
US Dollar Index Above Critical Support Ahead of CPI: How to Trade USD/JPY, EUR/USD
14.03.2024
US Dollar Index Above Critical Support Ahead of CPI: How to Trade USD/JPY, EUR/USD
Last week, the dollar faced selling pressure, reaching its lowest level in 7 weeks after the nonfarm payrolls data.…
Reaction to US Inflation Confirms Dollar’s Bull Trend
20.02.2024
Reaction to US Inflation Confirms Dollar’s Bull Trend
The release of last October’s US inflation data was a real blockbuster for the markets, creating powerful one-way movements.Consumer…
USD/JPY: What’s the Next Move?
20.02.2024
USD/JPY: What’s the Next Move?
Bearish: We are currently @ 150.57 in a rectangle pattern. Two scenarios: Bullish: a move to the upper day chart…
GBP/JPY Eases From Highs After Weaker UK Inflation Data
20.02.2024
GBP/JPY Eases From Highs After Weaker UK Inflation Data
UK inflation unchanged in January Markets expect BoE rate cut in Q2 GBP/JPY pares gains after hitting 8.5 year…
USD/JPY retreats after 3-month peak around 151.00
20.02.2024
USD/JPY retreats after 3-month peak around 151.00
USDJPY · USD/JPY surpasses significant levels such as 150.00· RSI and Stochastic indicate overbought market· MACD still looks strongly positiveUSD/JPY experienced a…