Currency Analysis & Comment

Silver is testing a pivotal support zone. If this level holds, it could present a dip-buying opportunity for traders. However, a breach of that level could signal further downside. For less than $8...

Eurozone CPI data paves the way for more cuts. This comes at a time when the market is debating between a 25 or 50 bps cut by the Fed. Meanwhile, the EUR/USD pair is nearing a key support area. For...

The US dollar, after hitting a yearly low, is showing signs of recovery. The jobs report will be a decisive factor for the rebound going ahead. Resistance is at the 102 level, with potential support...

Let me introduce you, for those who aren’t already acquainted, to the Unidad de Fomento. The Unidad de Fomento (UF) is an almost-unique currency in the world.[1] It was established in 1967 by Chile...

Gold has been consolidating gains after its recent surge to record highs. As of now, the bulls are looking for new catalysts to push the prices higher. The yellow metal needs a boost from 2 key...

The GBP/USD pair has surged above 1.32, reaching its highest level since March 2022. Key macro readings this week will influence future Fed rate cut expectations and impact the pair. US dollar...

In this new video, I share one of my favorite 15-hour timeframe chart trading strategies that can be used to pick tops and bottoms with accuracy in the forex market.    

The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...

We discussed the prospect of a low on the Japanese Yen currency several weeks ago. You can see the original chart below. The Japanese Yen did rally off important price support and many assets...

Markets stabilized with positive data easing US recession fears, but the US dollar's decline continued. The DXY may face further declines if it falls below the 101.8 support level, with a potential...

In the upcoming week, major currency pairs like GBP/USD, EUR/USD, and USD/JPY could experience significant dollar-driven moves despite a lighter economic calendar. With rising US unemployment and...

The just-released US PPI report was weaker than expected and we saw an immediate drop in the dollar in response. Earlier we had mixed-bag UK employment data helping to lift the pound across the...

GBP/USD is stabilizing ahead of key US and UK inflation data this week. Strong US inflation could shift rate cut expectations, while UK data may influence the Bank of England’s decisions. The pair...

The US dollar has been attempting to stage a recovery. But, the greenback remains in a broader downtrend. Retail sales, CPI data could ignite a move in the US dollar index. For less than $8 a month,...