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Home Forex Analysis

Forex Analysis

EUR/USD chart on a trading monitor showing an upward recovery trend with retracement levels
Forex News

2026-05-08

Analysts at Scotiabank have noted that the EUR/USD currency pair is showing signs of a recovery that could extend to a full retracement.

  • by Jayshree
  • 2026-05-08
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Gold bar on reflective surface with financial chart background indicating price stability above $4,700
Forex News

2026-05-08

Gold prices continued to trade firmly above the $4,700 mark on Wednesday, supported by sustained weakness in the US Dollar and growing expectations.

  • by Jayshree
  • 2026-05-08
  • 0 Comments
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Digital currency exchange board showing USD/JPY rates in a financial district setting
Forex News

2026-05-08

The Japanese yen’s trajectory against the US dollar remains clouded by uncertainty, with analysts at MUFG Bank expressing skepticism about the likelihood of.

  • by Jayshree
  • 2026-05-08
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British Pound and Euro banknotes on desk with cityscape background, representing currency market analysis.
Forex News

2026-05-08

The British pound remains under pressure against the euro as political uncertainty from recent local elections continues to weigh on investor sentiment, according.

  • by Jayshree
  • 2026-05-08
  • 0 Comments
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EUR/USD forex chart on screen with Gulf region map in background
Forex News

2026-05-08

The euro-dollar exchange rate is approaching a potential inflection point, with analysts at ING highlighting a binary path for the pair tied to.

  • by Jayshree
  • 2026-05-08
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Analyst watching DXY chart showing upward movement in modern trading office
Forex News

2026-05-08

The US Dollar Index (DXY) has seen some upward momentum following the latest Non-Farm Payrolls (NFP) data, but analysts at MUFG caution that.

  • by Jayshree
  • 2026-05-08
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Financial analyst reviewing DXY chart showing range-bound trading pattern
Forex News

2026-05-08

The US Dollar Index (DXY) is entering a phase of range-bound trading following a sharp reversal linked to shifting geopolitical expectations, according to.

  • by Jayshree
  • 2026-05-08
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Professional forex trading desk with NZD/USD charts on multiple monitors, reflecting market caution amid geopolitical tensions
Forex News

2026-05-08

The New Zealand dollar continues to face downward pressure against the US dollar as ongoing but fragile peace negotiations between the United States.

  • by Jayshree
  • 2026-05-08
  • 0 Comments
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USD/CAD forex chart showing bearish trend below 1.3645 level on trading monitor
Forex News

2026-05-08

Scotiabank analysts have reiterated that the bearish trend in the USD/CAD currency pair remains intact as long as the exchange rate stays below.

  • by Jayshree
  • 2026-05-08
  • 0 Comments
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Digital trading screen showing USD/MXN exchange rate in red, indicating peso weakness
Forex News

2026-05-07

Analysts at Commerzbank have signaled that the Mexican peso is likely to face continued depreciation against the US dollar in the coming months..

  • by Jayshree
  • 2026-05-07
  • 0 Comments
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