Forex Analysis

The Reserve bank of New Zealand holds a meeting on Wednesday at 3:00 MT time. As usual, we await an update on the monetary policy and interest rate. Currently, the regulator keeps ...

What happened? UK jobless rate surged to its highest level in almost five years in the fourth quarter. However, it wasnt a surprise as analysts accurately predicted this outcome...

Golds multi-month downtrend is continuing its way. Recently, it came to 1 765 the November highs. However, that support level sent gold back upwards. Unless gold reverts at 1 800, ...

If you open the weekly chart of USD/JPY, youll see that most of the performance since 2015 has been following the marked trend. So far, there is little evidence neither fundamental...

NZD/USD is in a historically spectacular episode. Currently, it trades above 0.7260. In doing so, its testing the last highs of February. Also, its in the highest zone since Januar...

Since March 2020, the Australian dollar has been very tough on the USD. From the crisis depths below 0.60, AUD/USD has risen to the current 0.78. Another leap, and it will reach 0....

Gold has been going down since August. From the high of 2 070, it eventually dropped to 1 765 in November. After, it rose to 1 955 the second time since autumn - which created a su...

What happened? EUR/USD dropped, driven by rising US bond yields. From the technical point of view, the pair should pull back to the upside from the current levels. However, some...

What happened? Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds. Oil prices havent been at su...

EUR/GBP chart EUR/USD chart Ichimoku Kinko Hyo NZD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirm...

USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December. This is the third time the price comes to this level. ...

GBP/USD chart USD/JPY chart Ichimoku Kinko Hyo USD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirmi...