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It was another busy week for our FX strategists with top tier catalysts all throughout the forex calendar. And it was another effective week for our strategies with arguably three out of four fundamentally/technically supported ideas…

USD/JPY is slowly but steadily making higher highs! I don’t know if you noticed, but USD/JPY recently broke above a weeks-long consolidation before making higher highs and higher lows on the 1-hour time frame. And why not? Anticipation…

GBP/USD is turning lower after today’s U.K. inflation release! In case you missed it, the U.K.’s annual inflation came in at 8.7% in May, unchanged from April’s rate but higher than the expected 8.4% consumer price growth. It also marked…

As you can see, AUD/JPY got rejected from the 97.50 area and is now trading 100 pips lower in the 96.50 zone. That’s probably the most decent pullback from the pair since it blasted up from the 90.50 area at the start of the month! What…

Out of our four forex strategy discussions this week, three were arguably very effective with proper risk management as our strategists did a great job of navigating around a busy calendar of top tier events. Jump in to see how it all…

The European Central Bank (ECB) is up today! Will the central bank members’ decision extend the euro’s losses against its some of its counterparts? In case you were watching other EUR pairs, you should know that EUR/NZD has been in an…

In case you missed it, market players believe that the Fed would “skip” from raising its interest rates in June after deciding on rate hikes every decision day since March 2022. The markets’ dovish bias was further supported by…

S&P 500 OUTLOOK:The S&P 500 breaks out on the topside, reaching its best level since April 2022 following softer-than-expected U.S. inflation dataMay U.S. headline CPI clocks in at 4.0% y-o-y versus a market estimate of 4.1%…

Uncle Sam is ready to print the latest CPI report today! Can USD/CHF resume its climb once the numbers are out? As you can see from the hourly chart below, the pair recently busted through a short-term falling trend line. This means that…

Share: GBP/USD Forecast: Pound Sterling could test 1.2600 after US data GBP/USD lost more than 50 pips on…