Forex Opinion & Analysis

Based on current trends, the GBP/JPY pair is currently at 184.44 and appears to be in a channel. If we see a break in the slope support, we may see a continuation in the downward trend towards the ATR...

Tokyo Core CPI expected to tick lower to 2.9% US to release jobless claims and durable goods orders later on Thursday USD/JPY put together a mid-week rally with gains of 1% but is considerably lower...

Euro yawns after weak German and eurozone PMIs US to release unemployment claims and durable goods orders on Thursday The euro has edged lower on Thursday. In the European session, EUR/USD is trading...

The US Dollar showed a reversal following the S&P PMIs, this was following weak Eurozone and UK PMIs earlier. This does suggest US “exceptionalism” may be coming to an end (for now)...

UK manufacturing and services PMIs decelerate The British pound has edged lower. In the North American session, GBP/USD is trading at 1.2720, down 0.09%.UK PMIs head lowerThe UK economy continues to...

The EUR/USD broke below the July 6th low today and is 29 pips below it. The bears hope they can get today to close far below the July 6th low, increasing the odds of lower prices. The bulls will see...

Australia’s manufacturing and services PMIs ease in August The Australian dollar is slightly lower on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 0.07%. For a second...

NZDJPY made a high for the day exactly at strong resistance at 8690/8700. Shorts need stops above 8720.Targets: 8660, 8630 NZDUSD severely oversold so a bounce is possible to minor resistance at...

US yields continue their relentless march higher while Japanese 10-year yields remain mired well below 1.00%. USD/JPY is holding steady near its highest levels of the year, with traders watching the...

The Bank of Japan's monetary policy imperfections lead to inevitable capital outflows. Every time the Fed and ECB raise the rate, the Bank of Japan is forced to buy Japanese bonds. The Japanese debt...

UK order expectations decline Manufacturing and services PMIs are expected to tick lower on Wednesday The British pound started the Tuesday session in positive territory but has given up these gains....

The EUR/USD Bears want the market to close below the July 6th buy signal bar low. This would be another sign that the market is in a trading range, not a bull trend. The selloff from the July...