The rising cost of European energy supplies has driven deep declines in many financial model-derived estimates of the single currency’s fair value this year, and with little respite on the…

In the near term and according to the performance on the hourly chart, it seems that the GBP/USD currency pair is trading within the formation of a weak ascending channel. …

With London out, that might make for a quieter day but given the action we are seeing so far, broader markets may just look to carry on with the moves…

 I think we are going to see a lot of noisy behavior over the next 24 hours, before continuing for all drift higher that we have been in for a…

And back the other way we go now as the push and pull continues this week. The dollar is slightly softer on the day as equities are finding a bit…

It’s tough to read into the market moves at the moment as traders and investors are all lacking any firm conviction before we get to Fed chair Powell’s speech at…

A surging US dollar threatens to end the nascent rally in the yen, just as speculators have abandoned betting on the Japanese currency. The USD/JPY currency pair started this week’s trading with the…

Bearish view Sell the EUR/USD and set a take-profit at 0.9900. Add a stop-loss at 1.0050. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.0035 and a take-profit at…

The GBP/USD continues to lose ground in early trading today and the depths of the forex pair are bringing into view long term perspectives. The GBP/USD is traversing near the 1.17500 level…

When you see this chart, you can also see that we have been in a long-term downtrend, and it’s worth noting that the US dollar itself is strengthening based on…