Forex

Read our latest Forex news and analysis articles written by our experienced traders and FX strategists. We cover all major FX pairs such as EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, and USDCAD, but also minor FX pair such as GBPJPY, and AUDNZD. We also provide updates on exotic pairs such as USDZAR, USDTRY, and USDMXN. Expect us to cover hot and fast-moving markets, but also providing analysis on pairs ahead of significant economic or political events.

We aim to provide instant and relevant Forex analysis and news using the latest macroeconomic news and appropriate technical analysis to support Forex traders in making better-informed decisions.

GBPUSD

GBP/USD: How Strong is the Optimism of UK Reopening?

GBP/USD is trading higher as the market cools off after its reaction to the lower-than-expected UK PMI numbers. The country’s services PMI in March came in at 56.3 compared to the forecasted 56.8. Besides, the composite PMI missed the estimates of 56.6 at its actual’s 56.4. However, GBP/USD is finding […]

USDZAR

USD/ZAR: Here’s Why the South African Rand is About to Soar

The USD/ZAR price is approaching its lowest level this year as traders react to the relatively positive data and news from South Africa. The South African rand is trading at 14.53, which is slightly above the year-to-date low of 14.38. What happened: The USD/ZAR price declined as the market reacted […]

AUDUSD

AUD/USD Bearish While Below 0.77 – Will Resistance Hold?

The AUD/USD pair tests for the second time the neckline of a head and shoulders pattern, trading with a bid tone in the last sessions. However, traders should not forget that the head and shoulders is a bearish pattern, and retesting the neckline is only normal market behavior. As always, […]

EURUSD

EUR/USD Forecast: What to Expect Ahead of FOMC Minutes

EUR/USD has pulled back from its two-week high of 1.1880 to trade at 1.1868. The pair is consolidating ahead of PMI numbers from Europe. To begin with, Germany’s services PMI in March is expected to be at 50.8 compared to the previous month’s 45.7. Analysts also expect Italy and Spain’s […]

Nasdaq

IMF Bullish Outlook Sets S&P 500 Index On Course for 4200

The S&P 500 has started the second quarter of the year on a very strong footing, surging spectacularly into the record-high territory after a fantastic jobs report on Friday, and a highly upbeat outlook provided by the IMF on the US economy.  Analysts at Credit Suisse renew their bullish outlook […]