Forex Analysis and Forecast - Investing.com (2024)

EUR/USD Bulls Aim for 1.10 - Support Levels to Watch for Dip-Buying OpportunitiesBy Fawad Razaqzada-1 hour ago

The EUR/USD faces a crucial period with the ECB rate decision today, setting the stage for a directional move.The US dollar weakening suggests a potential short-term peak, creating a favorable...

EUR/JPY: Pullback Likely AgainBy Scott Barkley-22 hours ago

Bearish: We are currently @ 162.70 in a range. We are looking to finish an ABC pattern and then the resumption to the ATR target @ 162.00. There is a further 1.000 Fibo target @ 161.77 area....

EUR/USD Approaches Strong Resistance Ahead of ECB, Jobs Report: Odds Favor a ShortBy Damian Nowiszewski-Mar 06, 20241

The EUR/USD is testing the supply zone near 1.0870 again.This comes amid more hawkish statements from the Fed officials.As the pair approaches a key resistance, we will take a look at the bullish...

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Discover the key features and benefits of T4Trade's MT4 WebTrader and find out why the platform is so popular among active traders.

EURUSD holds in tight range within SMAs By Trading Point -Mar 06, 2024

· EURUSD remains above downtrend line · RSI and MACD look weak EURUSD has been developing within a narrow range of the 20- and the 50-day simple moving averages (SMAs) of 1.0805 to 1.0860...

GBP/JPY: Swing Trade on DeckBy Scott Barkley-Mar 05, 2024

Note: ISM todayBearish: We are currently @ 190.49 in the very top of a range. We are looking for a swing trade with the first part to continue to the ATR target @ 190.00 with a further target the S4 @...

USD/CAD Bulls Remain in Control But BOC, Jobs Data Could Spark VolatilityBy Fawad Razaqzada-Mar 05, 20241

The FX markets should come to life as we head deeper into the week, with lots of market-moving data to come. Among the majors, the USD/CAD particularly faces a busy week, with plenty of market-moving...

USD/JPY: Yen Yawns as Tokyo Core CPI JumpsBy Kenny Fisher-Mar 05, 2024

The Japanese yen is drifting on Tuesday. In the European session, USD/JPY is trading at 150.44, down 0.05%.Tokyo Rises 2.5% as ExpectedToday’s release of Tokyo Core CPI, which excludes fresh...

Gold pauses at 2,088 after strong bullish move By Trading Point -Mar 04, 2024

· Gold prices break descending trend line · Medium-term trend remains neutral · RSI indicates overbought market Gold prices posted an impressive bullish rally in the preceding...

USD/JPY: Will it Finally Go Down?By Scott Barkley-Mar 04, 2024

Bearish: We are currently @ 150.51 in the very top of a range. IF USDX breaks down, we are looking to continue to the ATR target @ 149.87 with a further target the S3 @ 149.45 area. Watch the USDX...

US Dollar, EUR/USD: How to Trade the ECB Decision, Powell Speech This WeekBy Günay Caymaz-Mar 04, 2024

The Dollar Index retreats as market attention shifts to job data and Fed President Powell's remarks, impacting its trajectory.The EUR/USD pair faces a crucial juncture after Euro-zone inflation...

USD/JPY: Yen Steady Ahead of Tokyo Core CPIBy Kenny Fisher-Mar 04, 2024

The Japanese yen is showing limited movement on Monday. In the European session, USD/JPY is trading at 150.34, up 0.13%.Tokyo Core CPI Expected to Rise to 2.5%Japan releases Tokyo Core CPI, considered...

Week Ahead – ECB decision and US payrolls to steal the show By Trading Point -Mar 01, 2024

Nonfarm payrolls and Powell’s testimony will be crucial for US dollarEuropean Central Bank could set the stage for summer rate cutsBank of Canada decision and UK budget announcement also in...

USD/JPY: Yen Jumpy After BoJ Member Urges Tighter PolicyBy Kenny Fisher-Mar 01, 2024

Japanese yen falls below 150BoJ’s Tanaka urges changes to monetary policyUS PCE price index falls to 2.4%BoJ’s Tanaka Hints at Tighter Monetary PolicyAfter close to two weeks of little...

Will GBPJPY rebound again? By Trading Point -Mar 01, 2024

GBPJPY breaks below key support area after new highTechnical signs weaken, but 20-day EMA comes to the rescue againGBPJPY extended its pullback from an eight-and-a-half-year high of 191.30 for the...

EUR/GBP: A Technical Reversal Setup With Good PositioningBy Blake Morrow-Feb 29, 2024

The EUR/GBP is setting up for a good reversal as we have an inverted head and shoulder pattern technical setup. But what makes this setup so appealing at the moment is the market is very bearish the...