USD/JPY edged lower to 146.52 last week but recovered since then. Initial bias remains neutral this week for more consolidations. Upside of recovery should be limited by 150.92 support turned resistance. On the downside, sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way to 139.57 support. In the bigger

Will the US dollar extend its downtrend next week, or are late shorts about to get squeezed? Find out in today’s forex forecast video, where I break down my trades on DXY, EURUSD, GBPUSD, EURNZD, and XAUUSD. US Dollar Index (DXY) Forecast The DXY has started March on a bearish note, breaking below key levels

The past week in the currency markets was marked more by consolidation than decisive moves, even as risk aversion deepened in US stock markets. Dollar’s selloff slowed and turned into a modest recovery, but there was no clear momentum for bullish trend reversal. Sentiment remained fragile, weighed down by constantly escalating trade tensions and the

Devexa, the AI-powered trading assistant and trader engagement bot from global software developers for the capital markets, Devexperts, has launched a new community feature, enabling brokers to host a secure environment in which traders can engage with each other, all within the broker’s own ecosystem. The new feature will allow traders to exchange ideas on

Asia wrap US and European equity futures extended their slide, mirroring a rough session in Asia as two weeks of tariff-induced chaos continued to rattle risk sentiment. With market whiplash in full force, the best trade now seems to be sitting flat or positioning selectively and defensively. Meanwhile, the softer-than-expected US inflation print was largely dismissed,

The USD/JPY weekly forecast indicates rising economic uncertainty in Japan. Trump imposed a tariff on steel and aluminum imports. Tariff fears overshadowed a downbeat US inflation report. The USD/JPY weekly forecast turns positive as fears of the impact of Trump’s tariffs on Japan’s economy rise. Ups and downs of USD/JPY The USD/JPY price had a

Key Highlights USD/JPY extended losses and tested the 146.60 zone. A major bearish trend line is forming with resistance at 148.80 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0800 resistance zone. Bitcoin is facing many hurdles near the $85,000 resistance zone. USD/JPY Technical Analysis The US Dollar remained in a bearish zone

Daily Pivots: (S1) 1.4384; (P) 1.4418; (R1) 1.4477; More… Intraday bias in USD/CAD stays neutral as sideway trading continues. Price actions from 1.4791 high are seen as a corrective pattern, with rebound from 1.4150 as the second leg. On the upside, break of 1.4541 will target 100% projection of 1.4150 to 1.4541 from 1.4238 at

Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs on champagne, wine, and other alcoholic beverages from France and the EU. LVMH, the owner of Moet & Chandon and

The EUR/USD outlook shows a bearish sentiment shift amid escalating trade tensions. The euro extended its retreat from the 5-month peak hit earlier in the week. The US threatened a 200% tariff on alcohol imports from the Eurozone. The EUR/USD outlook shows a bearish sentiment shift amid escalating trade tensions between the US and the

Created on March 14, 2025 The Thursday session has been very good for gold, as it looks like we are doing everything we can to reach toward the 3000 level. The 3000 level of course is an area that will attract a lot of attention as it is a large, round, psychologically significant figure, and

The GBP/USD weekly forecast shows escalating fears of a US recession. Downbeat US inflation figures increased expectations for Fed rate cuts. Data on Friday revealed an unexpected contraction in the UK economy. The GBP/USD weekly forecast is positive despite the paused rally, as escalating US recession fears weigh on the greenback.  Ups and downs of

As the NA session begins, the USD is mixed. The US stocks are higher and US yields are higher. Sentiment improved after Senate Democratic Leader Chuck Schumer backed the Republican stopgap funding bill to prevent a government shutdown, despite party reservations. That is a positive. The trade/tariff news remains the problem for the economy/markets. Yesterday,

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is taking aim at increasing its presence in the non-crypto trading arena, announcing a new perk for MT5 users on Bybit in a zero-fee trading event, which the company calls “Indices Unleashed”. From today until April 12, 2025, Bybit – subject of a recent $1.5 billion

Created on March 14, 2025 Potential Signal If the EUR/USD pair manages to break below the 1.08 level on at least a 4 hour chart close, then I would short this market and aim for the 200 Day EMA, which is currently near the 1.0660 level. I would have a stop loss at the 1.0833

Created on March 14, 2025 The US dollar initially tried to rally against the Indian rupee but gave up gains pretty quickly on Thursday as we continue to see a lot of back and forth technical trading. We are below the 87 rupee level, which in and of itself isn’t remarkable, but it is worth

The GBP/USD price analysis indicates a weaker UK economy. Data revealed a 0.1% contraction in the UK economy.  Market participants expect the Bank of England to keep rates unchanged next week. The GBP/USD price analysis indicates a weaker UK economy after data revealed an unexpected contraction. Meanwhile, market participants are grappling with the escalating global

US stock markets suffered another brutal session overnight, with NASDAQ leading the decline, shedding nearly -2%. All three major indexes closed below their respective 55 W EMAs, reinforcing the bearish case that the markets are now in a medium-term correction phase. This technical breakdown suggests that downside momentum is gaining traction, with investors recalibrating their

Banks, hedge funds, and other large financial institutions analyze interest rates before trading the forex market, investing in equities, or expanding operations into global markets. This is because interest rates significantly affect the financial markets and are a major indicator of current and future market performances.  The Federal Reserve Role in Driving the US Dollar’s