Forex Analysis and Forecast - Investing.com (2024)

Chinese Equity Markets Providing Strength to Non-Dollar CurrenciesBy Chris Turner-1 hour ago

Some unfamiliar strength in Chinese equity markets is providing a little strength to non-dollar currencies. And the FX options market hints that investors may not be that pessimistic on EUR/USD after...

USD/JPY hovers above a key trendline By Trading Point -2 hours ago

USD/JPY trades sideways, hovering around the 150 levelIt remains close to its recent peak and it is comfortably above a key trendlineMomentum indicators are mixed, all eyes on the stochastic...

GBP/USD Climbs After Bailey’s Dovish CommentsBy Kenny Fisher-6 hours ago

The British pound is higher on Tuesday. In the North American session, GBP/USD is trading at 1.2650, up 0.43%.Is Bailey Turning Dovish?With little else on the calendar today, Bank of England Governor...

FXStarterKit by Forexware: A Solution Built for Global ExpansionBy Investing.com Studios

Forexware, a veteran in the fintech arena, presents an innovative turnkey solution for brokers of all sizes.

GBP/USD – Channel ContinuationBy Scott Barkley-21 hours ago

Bullish: We are currently @1.2628 in a range. If we get a small pullback and then can break resistance here, we are looking to continue to the ATR target @ 1.2667 with a further target the 1.270...

USDCHF regains some power, but is still at risk By Trading Point -22 hours ago

USDCHF gets rejected near familiar resistanceShort-term biasremainspositive but probablytooweakUSDCHF has been in the green almost every week since the plunge to a nine-year low of 0.8331 at the...

USD/CAD Faces Key Test Ahead of Canadian CPI, FOMC Minutes: Breakdown on Horizon?By Fawad Razaqzada-23 hours ago6

While it will likely be a relatively quieter week so far as macro data is concerned, North American markets re-open today after a long weekend, and with China also back this week, markets should turn...

US Dollar Unaffected by China Rate Cuts, Euro Faces ECBs Wage Growth TestBy Francesco Pesole-Feb 20, 2024

The ingredients for more rangebound trading are all there, especially given an uninspiring US data calendar and no impact of Chinese news. However, the ECB’s negotiated wage growth indicator is...

Gold Eyes $2045 as US Dollar Stalls Despite Fading Rate Cut Hopes: Levels to WatchBy Günay Caymaz-Feb 20, 20244

The US dollar's 2024 uptrend, initially fueled by higher-than-expected CPI and PPI data, has hit a snag with the market revising down expectations for interest rate cuts.Despite initial optimism, the...

Yen Bears Have a Good Chance of Reaching Lows Not Seen Since 1990By Alexander Kuptsikevich-Feb 19, 2024

The Japanese yen is hovering near 150 per dollar, retreating from last week's four-month highs of 151. The 150-152 area is hazardous for short-term traders, as this is the level from which the...

Gold tests tricky area within 38.2% Fibonacci By Trading Point -Feb 19, 2024

· Gold remains in trading range in short-term · Price rebounds off 1,984 · MACD and RSI suggest buying interestGold is moving higher again today, recording its third consecutive...

Week Ahead – Fed minutes headline a data-heavy week By Trading Point -Feb 16, 2024

Dollar shines after inflation surprise, awaits latest Fed minutes In Europe, business surveys will be crucial for euro and sterlingCanadian and Australian data releases also on the agenda Fired up...

Jump In UK Sales Revives Hopes of Stagnation Rather Than RecessionBy Alexander Kuptsikevich-Feb 16, 2024

UK retail sales rose by 3.4% in January, mainly recovering from the previous month's dip but showing very high volatility. Last month's miss led to talk of a looming recession despite a strong labour...

GBP/USD: Pound Yawns as UK Retail Sales SoarBy Kenny Fisher-Feb 16, 2024

The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.2578, down 0.17%.UK Retail Sales Rebound With 3.4% GainUK retail sales were more than impressive, surging...

USD/JPY: Yen Rises Despite GDP ContractionBy Kenny Fisher-Feb 16, 2024

The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...

Yen Rises Despite GDP ContractionBy Kenny Fisher-Feb 15, 2024

The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...