Forex Opinion & Analysis

GBPJPY rebounds from its lowest level since JulyGets capped by the 50-day SMA and Ichimoku cloudMomentum indicators suggest a cautiously bullish toneGBPJPY had been stuck in a prolonged...

The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 149.63, down 0.12%.The US inflation report for September was unchanged at 3.7% y/y, but this was higher...

US headline CPI higher than expected US jobless claims remain low New Zealand Manufacturing Index declines The New Zealand dollar is lower on Friday after a massive plunge a day earlier. In the...

Dollar holds onto gains as projected rate hike bets hold firm Treasury 30-year auction sees soft demand as concerns grow over rising deficits Yen’s October rally was nearly completely erased as...

GBP/USD pair has finally bounced after a sustained downtrend The pair is now coming across a resistance zone Could it break above the resistance zone amid Fed's hawkish stance and a divided BOE...

GBP/AUD is currently at 1.9230 in a channel in a range. We have convergence for the continuation of the 5th wave. We are looking for a continuation to the 1.618 Fibo @ 1.9271 with the further target...

USDJPY keeps its footing on 20-day SMA at 148.75Broad uptrend intact, but technical signals warrant some cautionUSDJPY remains range-bound around its 20-day simple moving average...

UK GDP bounces back with 0.2% gain FOMC minutes: Restrictive policy to continue until inflation falls to target The British pound continues to have a quiet week. In the European session, GBP/USD is...

The EUR/USD is testing above the September 29th Major lower high. The market is likely converting into a trading range and will begin to go sideways for the next couple of weeks. Overall, traders...

Bullish: GBP/AUD is at 1.9163 in a channel in a range. We have convergence for the continuation move. We are looking for a continuation to the 1.00 Fibo at 1.9201 with the further target for today the...

Australian inflation expectations projection to decelerate The Australian dollar has edged lower on Wednesday. AUD/USD is trading at 0.6419, down 0.20%. The Aussie is coming off a five-day rally,...

UK growth expected to rebound in August Fed members more dovish due to the increase in US yields The British pound is calm on Wednesday. In the European session, GBP/USD is trading at 1.2297, up...

German inflation declines Fed to release minutes of September meeting The euro continues to have an uneventful week. In the European session, EUR/USD is trading at 1.0613, up 0.08%.German Inflation...

EURUSD eases bullish tone near major obstacle Holds within bearish channel ahead of FOMC minutes Bulls need to drive above 1.0760 to brighten outlook  EURUSD has been muted around the 1.0600...