Forex Opinion & Analysis

New Zealand Dollar Roars

New Zealand Dollar Roars

The U.S. dollar is in retreat on Thursday, and the New Zealand dollar has taken full advantage. NZD/USD has surged…
EUR/USD: Bulls Trying To Break Above Moving Average

EUR/USD: Bulls Trying To Break Above Moving Average

EUR/USD Daily Chart EUR/USD bears had a big bear bar yesterday, closing on its low and reversing most of May…
AUD/USD: Trying To Complete A 5th Wave

AUD/USD: Trying To Complete A 5th Wave

Bullish AUD/USD is trading at 0.7005 in the possible start of a 5th fractal wave in a channel. IF the…
Pound Stems Bleeding, Retail Sales Next

Pound Stems Bleeding, Retail Sales Next

The British pound reversed directions on Thursday, after sliding 1.22% a day earlier. GBP/USD was trading at 1.2402 in the…
Aussie Rebounds On Jobs Report

Aussie Rebounds On Jobs Report

Unemployment falls to record low The Australian dollar rebounded on Thursday. AUD/USD was trading at 0.6980 in the European session,…
UK Inflation Report Cools Down Pound Sterling

UK Inflation Report Cools Down Pound Sterling

Two months ago, the Bank of England predicted that inflation would reach its peak in April. Yesterday’s report proved the…
Australian Dollar Dips After WPI

Australian Dollar Dips After WPI

After three successive winning sessions, the Australian dollar reversed directions on Wednesday. In the European session, AUD/USD was trading slightly…
EUR/USD Fails To Retain Gains, Back Below 1.0500

EUR/USD Fails To Retain Gains, Back Below 1.0500

The EUR/USD has come back under pressure on Wednesday as risk aversion struck financial markets on renewed concerns about ramping…
GBP/USD: Can It Break Major Support?

GBP/USD: Can It Break Major Support?

Possible divergences appearing The pound has come under heavy pressure recently, particularly against the dollar which has been performing well…
Pound Tumbles As U.K. Inflations Soars To 9%

Pound Tumbles As U.K. Inflations Soars To 9%

The British pound has taken a tumble after April CPI jumped to 9.0% YoY, up sharply from 7.0% in March.…
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