Forex

USD/JPY forecast: inverse cup and handle points to a yen surge

The USD/JPY exchange rate rose for the third straight day after the latest Bank of Japan (BoJ) interest rate decision. It jumped to an intraday high of 143.67, up from the year-to-date low of 139.95. This article examines what to expect and why the b...

AUD/USD forecast after the US GDP and Australia inflation data

The Australian dollar was largely unchanged on Thursday as the market focused on the US dollar and the recent economic data from the United States and Australia. The AUD/USD pair was trading at 0.6410, much higher than the year-to-date low of 0.5918....

USD/JPY forecast: risky pattern forms ahead of BoJ decision

The USD/JPY exchange rate rebounded last week as the US Dollar Index (DXY) recovered from its lowest level of the year. The pair rose from a low of 139.95 on Monday to a high of 143.2, up by 2.7% from its lowest level this year. This article provides...

DXY Index: Here’s why the US dollar crash is not over yet

The US Dollar Index rose modestly last week after Donald Trump softened his tone about Jerome Powell, the Federal Reserve Chair, and his tariffs. After initially falling to a low of $97.50 on Monday, the index ended the week at $99.17. This article e...

Long GBP/CHF: the market structure indicates the price is likely to continue the rally after a correction

USD/CAD analysis: forms a death cross ahead of Canada election

The USD/CAD exchange rate has crashed, forming a death cross pattern ahead of the upcoming Canadian election. It has plunged from a high of 1.4795 earlier this year to 1.3900. Canada election ahead The USD to CAD exchange rate has been in a strong do...

GBP/USD forecast: C&H pattern signals more pound gains this year

The GBP/USD exchange rate has pulled back this week as the US dollar index (DXY) has stabilized. It initially rose to a high of 1.3430 earlier this week and then pulled back to the current 1.3300. This article explores what to expect after the latest...

How is the Zimbabwe ZiG currency doing as gold prices surge?

Zimbabwe ZiG or ZWG, the country’s gold-backed currency, remains under pressure as usage stays low, with analysts warning of its potential extinction one year after its launch. Central Bank data shows that the official USD/ZWG exchange rate rem...

Long AUD/USD: AUD is likely to continue it’s rally against USD as the price breaks above a key resistance area

Short CAD/JPY: the price is likely to continue the bearish trend as it dropped below a key support level

Long BTC/USD: bullish momentum builds above $88K after breakout, eyeing $90K and $95K targets

Long LTC/USD: price rebounds off major support with bullish confirmation from ema and trendline

Long ETH/USD: bullish breakout above descending trendline signals potential rally toward $1,800 resistance zone

Long DOGE/USD: consolidation breakout sets stage for rally towards $0.1720 and higher

Swiss franc, gold, and Bitcoin emerge as safe havens amid Trump turmoil

Donald Trump’s policies have led to turmoil in Wall Street as investors rotate from risky assets to safe havens. The Fear and Greed Index has moved into the extreme fear zone, at 22, while US indices like the S&P 500, Dow Jones, and Nasdaq 100 ha...

Long DASH/USD: oversold recovery triggers bullish setup as RSI crosses 60 and price stabilizes

Long NZD/CHF: the price is likely to retrace to the 0.51500 resistance before dropping further

Long LINK/USD: price eyes recovery with bullish wedge and ema confluence supporting upside

USD/RUB: Here’s why the Russian ruble is soaring

The USD/RUB exchange rate continued to fall this week as traders monitored new developments in the Russian-Ukrainian war. It also dropped after media reports showed that China was increasing its purchases of Russian gas. It dropped to a low of 81, it...

DXY: US dollar index outlook if Trump fired Fed’s Jerome Powell

The US dollar index remains under pressure this week as the market focused on the latest issues between Donald Trump and Jerome Powell. The DXY index traded at $99.38 on Friday, a few points above the year-to-date low of $99. This article explores th...