Forex Opinion & Analysis

AUD/NZD Heading To The Range Bottom

AUD/NZD Heading To The Range Bottom

Bearish AUD/NZD is currently at 1.1030 in a channel and a range. We are looking for a continuation to the ATR…
Japanese Yen Steady As GDP Within Expectations

Japanese Yen Steady As GDP Within Expectations

The Japanese yen has started the week quietly. In the European session, USD/JPY is trading at 133.29, down 0.14%. This…
U.S. Inflation: Is The Elusive Peak Finally Here?

U.S. Inflation: Is The Elusive Peak Finally Here?

Following last week’s blistering jobs report out of the United States, investors will be turning their attention to Wednesday’s July…
Euro Extends Gains

Euro Extends Gains

The euro continues to move higher early in the week.  In the North American session, EUR/USD is trading at 1.0240,…
EUR/USD: Neutral Breakout Probability

EUR/USD: Neutral Breakout Probability

EUR/USD Daily Chart The EUR/USD Is continuing in a tight trading range that has now formed a triangle. Right now,…
Australian Consumer Sentiment Near Pandemic Lows

Australian Consumer Sentiment Near Pandemic Lows

Australia’s Westpac Consumer Confidence Index lost 3% in August, developing a nine-month slump that took off 22.9%. Australia’s Westpac Consumer…
USD/CHF Set To Continue In The Channel

USD/CHF Set To Continue In The Channel

USD/CHF currently at 0.9528 in a channel. We are looking for a continuation to the ATR target at the 0.9478…
Chart Of The Day: When To Sell The Swiss Franc

Chart Of The Day: When To Sell The Swiss Franc

The Swiss franc has gained against the dollar for the past three months, the longest stretch since 2020. The rally…
USD/CHF Has More Steam Left

USD/CHF Has More Steam Left

USD/CHF is currently at 0.9590 in a channel. We have divergence, so most likely one more upside move. We are…
U.S. Dollar Awaits Nonfarm Payrolls As Recession Worries Mount

U.S. Dollar Awaits Nonfarm Payrolls As Recession Worries Mount

With the US economy teetering on the edge of recession, all eyes will be on the latest employment data at…
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