Forex Opinion & Analysis
USD/CAD Has Another Round of Fighting Ahead
27.10.2023
USD/CAD Has Another Round of Fighting Ahead
USDCAD_25_10_Daily USDCAD jumps above 1.3700 ahead of BoC rate decision Will the pair breach the neutral triangle pattern too?…
USD/JPY: Will BoJ Step In to Prevent Greenback From Breaching Crucial 152 Level?
27.10.2023
USD/JPY: Will BoJ Step In to Prevent Greenback From Breaching Crucial 152 Level?
After sensational yen support of 150, Tokyo has sat back, allowing suspense to build Dollar, meanwhile, not collapsing, as…
GBP/NZD: First Thrust Down to Be Followed by Another Leg Lower?
27.10.2023
GBP/NZD: First Thrust Down to Be Followed by Another Leg Lower?
Bearish: We are currently @ 2.0876 out of the rising wedge and starting the downward move. We have convergence for…
British Pound Edges Lower as Employment Market Cools
27.10.2023
British Pound Edges Lower as Employment Market Cools
UK labour market cools UK Manufacturing and Service PMIs decline The British pound is slightly lower on Tuesday, after…
GBP/USD Receives Positive Vibes
27.10.2023
GBP/USD Receives Positive Vibes
GBPUSD_24_10_daily GBPUSD has its best day since July Bulls await a close above 1.2300 GBPUSD enjoyed a whopping start…
USD/CAD retraces higher towards 6-month high
25.10.2023
USD/CAD retraces higher towards 6-month high
USDCAD attempts to completely erase its latest pullback On track to test the 6-month peak of 1.3784 Momentum indicators…
NZD/USD Pressured Lower: What Lies Ahead?
25.10.2023
NZD/USD Pressured Lower: What Lies Ahead?
The NZD/USD has broken key horizontal support at the .5860 level today and has tested the 127% extension of…
GBP/USD Flat as Retail Sales Eyed
25.10.2023
GBP/USD Flat as Retail Sales Eyed
US unemployment claims fall below 200K UK retail sales expected to improve to -0.1% The British pound is drifting…
GBP/NZD: To Continue to Move Up in the Channel?
25.10.2023
GBP/NZD: To Continue to Move Up in the Channel?
Bullish: GBP/NZD is currently at 2.0811in a channel. We have convergence for the continuation of the channel. We are looking…
Aussie Slips on Soft Employment Data
25.10.2023
Aussie Slips on Soft Employment Data
Australian employment falls sharply PBOC expected to maintain loan prime rates The Australian dollar has extended its losses on…