Forex Opinion & Analysis
EUR/USD Faces Test at 1.06 — Breakthrough Here Could Lead to Strong Rally
12.12.2024
EUR/USD Faces Test at 1.06 — Breakthrough Here Could Lead to Strong Rally
EUR/USD traders eye critical resistance at 1.06, with central bank decisions looming. A deeper ECB rate cut could trigger a…
GBP/USD Capped by 200-Day SMA
12.12.2024
GBP/USD Capped by 200-Day SMA
GBP/USD remains in negative area But holds beyond the downtrend line RSI and MACD give some optimistic views GBP/USD is experiencing…
Japanese Yen Weakens as USD/JPY Climbs Amid BoJ Rate Hike Uncertainty
12.12.2024
Japanese Yen Weakens as USD/JPY Climbs Amid BoJ Rate Hike Uncertainty
The USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a week. This movement is…
AUD/USD: Rate Cut Bets Rise as RBA Signals Confidence in Inflation Progress
12.12.2024
AUD/USD: Rate Cut Bets Rise as RBA Signals Confidence in Inflation Progress
RBA signals growing confidence in achieving inflation target Traders boost odds of a 25bps rate cut in February to two-in-three…
EUR/USD: Euro Steady as France’s Government Collapses
09.12.2024
EUR/USD: Euro Steady as France’s Government Collapses
The EUR/USD has been drifting most of this week and remains steady on Thursday. In the European session, EUR/USD is…
GBP/USD Continues its Rally as Bulls Dominate for 3rd Straight Day
09.12.2024
GBP/USD Continues its Rally as Bulls Dominate for 3rd Straight Day
The GBP/USD pair has risen to 1.2711, marking the third day of sustained buyer activity. This upward movement comes from…
GBP/USD Shows Signs of Positive Momentum
09.12.2024
GBP/USD Shows Signs of Positive Momentum
GBP/USD in bullish correction in short-term. RSI and MACD head north. The GBP/USD has shown a bullish tendency over the…
AUD/JPY: Metallica, RBA Rate Pricing, and the Battle Going on Below
09.12.2024
AUD/JPY: Metallica, RBA Rate Pricing, and the Battle Going on Below
Australian household spending rises strongly, defying bearish sentiment RBA rate cuts priced in sooner, weighing on AUD/JPY AUD/JPY faces key…
EUR/JPY, GBP/JPY: Rate Differentials Matter, Politics Don’t
06.12.2024
EUR/JPY, GBP/JPY: Rate Differentials Matter, Politics Don’t
Rate differentials, not politics, are driving moves in EUR/JPY and GBP/JPY Morning star patterns suggest potential turning points in both…
ADP Reaffirms The Picture Of A Healthy US Labour Market
06.12.2024
ADP Reaffirms The Picture Of A Healthy US Labour Market
The most important publication in the coming weeks will be Friday’s US employment report. Ahead of that, we are turning…