Forex Opinion & Analysis

Is US Dollar Topping Pattern Pointing to Broader Concerns?

Is US Dollar Topping Pattern Pointing to Broader Concerns?

The US Dollar Index rallied sharply into inauguration day. Since then, it’s been very weak. Could things get worse for…
USD/CAD Higher as US Suspends Auto Tariffs

USD/CAD Higher as US Suspends Auto Tariffs

The Canadian dollar is steady on Thursday after gaining around 1% over the past two days. In the European session,…
EUR/USD: Germany’s Fiscal Bazooka Fuels Rally, But Pullback Looms Ahead of ECB

EUR/USD: Germany’s Fiscal Bazooka Fuels Rally, But Pullback Looms Ahead of ECB

An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end…
USD/JPY: Yield Signals Clash With Heavy Price Action Ahead of Nonfarm Payrolls

USD/JPY: Yield Signals Clash With Heavy Price Action Ahead of Nonfarm Payrolls

USD/JPY trades heavy despite widening yield differentials Non-farm payrolls loom large as traders focus on the unemployment rate. Mixed signals…
AUD/USD, GBP/USD: Riding Fiscal Tailwinds as Risk Appetite Roars

AUD/USD, GBP/USD: Riding Fiscal Tailwinds as Risk Appetite Roars

AUD/USD nears key uptrend resistance as risk appetite surges GBP/USD clears 200DMA, momentum skewed higher despite overbought risks Germany and…
US Dollar Declines on Trump’s Trade Policies — More Downside Ahead?

US Dollar Declines on Trump’s Trade Policies — More Downside Ahead?

US Dollar Key Points Traders are starting to price in the potential for outright contraction in the US economy. Meanwhile,…
GBP/AUD –Poised for the fall

GBP/AUD –Poised for the fall

GBP/AUD Forex Strategy is Bearish: We are currently @ 2.0405 after putting a top in place. If we can get…
GBP/USD Tries to Overcome 200-Day SMA

GBP/USD Tries to Overcome 200-Day SMA

GBP/USD rallies above ascending channel Technical oscillators are mixed GBP/USD is battling with the 200-day simple moving average (SMA) near…
AUD/USD Stuck in the Headlines as China Trade War Escalates

AUD/USD Stuck in the Headlines as China Trade War Escalates

AUD/USD lags G10 peers, tracking USD/CNH and Hang Seng Tech futures China pledges more fiscal support, but stimulus details remain…
CHF/JPY Prepares for a Down Move—Key Levels to Watch

CHF/JPY Prepares for a Down Move—Key Levels to Watch

CHF/JPY Forex Strategy is Bearish: We are currently @ 166.78 in a range. If we can break slope support, we…
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