Forex Opinion & Analysis

EUR/USDThe EUR/USD moved south in the US session yesterday and now settled below 78.6% correction at 1.3505 weakening intraday positivity. Momentum indicators are negative but Linear Regression...

GBP/JPY Daily OutlookDaily Pivots: (S1) 158.16; (P) 158.59; (R1) 159.00;Intraday bias in GBP/JPY remains neutral for some more consolidations below 159.98 temporary top. But, a near term outlook stays...

The dollar was mildly higher overnight after mixed messages from Fed officials. New York Fed Dudley emphasized that the US economy is facing pulling forces from opposite directions, that is,...

TodayQuiet start to the week saw Retail Traders buying the EUR/USD and GBP/USD crosses as the primary flows were determined by large Agricultural Orders seling in EUR/GBP.All in all, though, it was a...

The market has been very slow for the last few sessions. We suspect that the pairs are trapped in a corrective price action, and that will send the USD lower in the near-term, particularly against the...

A very quiet trading day today with thin volumes compounded by the Japanese bank holiday. Of note was general yen strength, and EUR/GBP weakness in the early London session. The latter reportedly due...

EUR/USDTrading range: 1.3480 - 1.3555Trend: NeutralBuy at 1.3491 SL 1.3459 TP 1.3541USD/JPYTrading range: 98.60 - 99.30Trend: NeutralBuy at 98.72 SL 98.40 TP 99.17 GBP/USDTrading range: 1.6055 -...

The US dollar was unable so far to gain ground after its decline on Friday, especially against the Japanese yen. The US currency depreciated against most major G10 currencies on Monday, but has mostly...

No major news from New Zealand this week, but this didn’t stop the NZD/USD from trading lower today, breaching the 0.834 – 0.835 soft support during the early Asian session. The currency...