The last were turned this week for AUD, which went from being one of the top-performing currencies to among the worst. Conversely, the dollar gained the upper hand partly because of positive job numbers.
Let's see how the coming weeks may turn out for the major currencies in our latest market news report.
Market Overview
Below is a brief technical and...
Due to an unsurprising rate hold, the Aussie was among the top-performing currencies in the major forex markets. Meanwhile, the dollar fell against AUD and several other currencies as the recent Fed cut continues to downplay the greenback.
Have any fundamental outlooks changed for this week compared to our last report? Let's find out.
Market Overview
Below...
As we gain momentum here in gbpusd, I'm only looking for buy trade even though its giving retracements. higher timeframe will always be my bias. If you check DAILY--->4H ---> 1H
you can see HH,HL,HH,HL market structure. The only way for you to go with the move is to look for point of interests.
this trade was activated using buy limit in mt4. I saw BOS in both...
It was a historic week in FX, as the Fed delivered a half-percent interest rate cut for the first time since 2020. Based partly on this news, currencies like the British pound and the Australian dollar found strength across numerous markets.
In our latest news report, let's see what to expect from all the major forex markets performance-wise.
Market Overview...
This past week, the Japanese yen was the strongest currency against all the major forex markets. Meanwhile, its counterparts performed mildly.
How long will the yen be dominant? What about the other currencies? This week consists of several high-impact, interest rate-related events that will surely be a spectacle.
Let's discuss each major forex currency's short...
This trade come to fruition during CPI news release. I set the pending order during New york Session after gbpusd selling pressure. Confluence of this pair along with USDJPY.
As you can see there was a previous Break of Structure to the downside on the previous day. I wait for an opportunity for Asian session to create supply and then wait for the supply area to...
Our fundamental outlooks for the major currencies remain the same from the past week. However, those that we considered bearish, like the British pound and the US dollar have shown strength recently.
Nonetheless, let's see what to expect from all the major forex markets performance-wise in our latest news report.
Market Overview
Below is a brief technical and...
This past week, the euro faltered the most compared to other currencies. Meanwhile, the winners included the New Zealand and Canadian dollars.
Let's see what to expect from all the major forex markets performance-wise in our latest news report.
Market Overview
Below is a brief technical and fundamental analysis breakdown for all major currencies.
US dollar...
While the yen was a bit stronger this week, the US dollar was the biggest loser, as it has done for several months this year.
While other currencies piggybacked off dollar weakness, the future is never guaranteed in the forex world.
Let's see what to expect from the major currency markets fundamentally and technically.
Market Overview
Below is a brief...
As it did last week, the yen was the biggest loser, losing against the New Zealand dollar, the Australian dollar, and the British pound.
Fundamentally, our outlooks from last week remain the same for all but one market. Let's cover each one in more detail now.
Market Overview
Below is a brief technical and fundamental analysis breakdown for all major...
The yen took the backseat as the dominant forex market. Instead, currencies like the Canadian and the 'two siblings' (the Aussie and New Zealand) reigned supreme.
This week, let’s see how these and other markets may perform fundamentally and technically.
Market Overview
Below is a brief technical and fundamental analysis breakdown for all major currencies.
...
USD/JPY continues its long-overdue downward spiral as it has done in the past week. Speaking of USD, the greenback suffered across the board (somewhat predicted in our last report) due to an unchanging interest rate and poor employment figures.
Other notable gainers in the past week include the Swiss franc and euro.
Let’s see how these and other markets may...
It has been quite a massive turnaround for the yen recently, being the most bullish currency with +2% boosts across each of its major counterparts. The Swiss franc also had a good run, with milder gains for the euro and British pound this past week.
Let's dive deeper into each major market and how they look fundamentally and technically.
Market Overview
Below...
As it did last week, the yen reigned supreme against several currencies. Other dominant markets in the past week include the Swiss franc and the euro. In our latest market report, we examine the performance of the major forex currencies and their fundamental outlooks.
Market Overview
Below is a brief technical and fundamental analysis breakdown for all major...
After many months of being beaten, the Japanese yen was the surprising dominant force in forex this past week. The British pound also enjoyed notable gains against other markets despite maintaining a bearish fundamental outlook.
Here's a recap of how the major markets performed on the charts and fundamentally to prepare yourself for the next week.
Market...
The US dollar fell significantly this past week, a stark contrast to the one prior. As is often the case at the start of any month, the NFP (Non-Farm Payrolls) was a chief talking point, which unfortunately went against the greenback. Meanwhile, the Japanese yen continues its losing streak despite favourable fundamentals.
In our latest report, let's cover these...
Introduction
The winners and losers in the past week within the FX market were the same as the previous. Yen remains heavily shorted, while the Australian and Canadian dollars reigned supreme against the competition.
While the USD dollar had mixed results on the economic calendar, it held decent strength against a few currencies.
These are a few markets that...
Introduction
The Japanese yen continues to take a beating in the forex markets. Meanwhile, the Aussie and Canadian dollar were the strongest currencies in the past week.
USD was the surprise from our initial short-term outlook thanks to a meagre rise in Retail Sales.
Read on to learn about what happened in forex last week and what to expect for this one.
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